Other Asia Pacific

Securities / Derivatives

Malaysia, Thailand Extend Short Selling Restrictions

By Editors | 28/06/2020

Malaysia will extend its short-selling ban until year-end; Thailand will continue using the uptick rule until end-September; Korea’s short-selling ban is due to expire in mid-September.

Securities / Derivatives

Cambodia Takes Steps to Develop Commodity Futures Market

By Editors | 27/06/2020

A feasibility study on commodity futures trading is being conducted by the securities regulator and Chinese conglomerate Ruifeng Tianfu Investment.

Capital / Liquidity

Bangladesh Cuts Cash Reserve Ratio for OBUs, NBFIs

By Editors | 25/06/2020

The amount of cash reserves offshore banking units and NBFIs need to maintain at the central bank has been reduced.

Market Infrastructure

BOT Directs Banks to Suspend Dividends, Share Buybacks

By Editors | 24/06/2020

Commercial banks are asked to draw up new capital management plans for the next 1-3 years, taking into account expected economic and business trends following the pandemic.

Market Infrastructure

ASEAN+3 Strengthens Regional Emergency Liquidity Programme

By Editors | 24/06/2020

The 2010 crisis liquidity programme has been revised to reinforce financial support, create additional flexibility, and introduce conditionality.

BOT Announces ‘Phase 2’ Measures to Support Debtors

By Editors | 23/06/2020

Lenders are directed to sustain debtors through lower interest rates and fees, expanded credit limits, delayed property seizures, and other debt relief and restructuring measures.

Securities / Derivatives

Bangladesh Bank Eases Foreign Investor Repatriation Policy

By Editors | 23/06/2020

Remittances of share sale proceeds to non-resident foreign investors no longer need prior approval from the central bank if pricing is determined based on the net asset value approach.

Securities / Derivatives

Bank Indonesia Cuts Rates, Pledges More Bond-Buying

By Editors | 22/06/2020

Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.

AML / KYC

Sri Lanka’s ‘Special Deposit Account’, a Recipe for Disaster

By Duruthu E Chandrasekera | 22/06/2020

A CBSL scheme announced in April to drive inward remittances and investment may risk Sri Lanka falling back into the FATF’s grey list, says Duruthu Chandrasekera.