ADVERTISEMENT
Market Infrastructure
Central Bank to Discontinue Sri Lanka Inter-Bank Offered Rate
By Editors | 27/02/2020
This decision reflects the lack of SLIBOR’s usage of in benchmarking loan products in the domestic financial market, along with a global trend of phasing out IBORs.
Bangladesh Bank Caps Lending Rate at 9pc, Effective in April
By Editors | 26/02/2020
Bangladesh Bank has instructed banks to set a maximum 9 percent interest rate on all loan products except credit cards by 1 April.
Market Infrastructure
Myanmar Credit Bureau to Commence Operations in April
By Editors | 26/02/2020
It will take up to one year for the credit bureau to collect sufficient and meaningful credit data on local businesses before it will be provided to lenders.
Securities / Derivatives
Myanmar to Open Stock Market to Resident Foreigners in March
By Editors | 21/02/2020
Allowing foreigners to buy stocks is one of the ways Myanmar hopes to bolster its moribund stock market, which after four years still has only five stocks.
Capital / Liquidity
Basel IV to Impact APAC Banks Unevenly: Moody’s
By Editors | 20/02/2020
‘Basel IV’ will narrow the gap between the internal ratings based approach and the standardised approach for calculating risk-weighted assets.
Fintech / Regtech
Thailand, Cambodia Launch Cross-Border QR Payments
By Editors | 20/02/2020
New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
Securities / Derivatives
Bangladesh Banks to Get Credit Support for Stock Market Investment
By Editors | 17/02/2020
Stock market investment through the credit support package will not count towards the maximum allowed stock market exposure of 25% of capital.
Fintech / Regtech
Vietnam Scraps Proposed Foreign Ownership Cap for Payments Firms
By Editors | 14/02/2020
The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.
BOT Prepares Guidance for Banks on Service Fee Calculations
By Editors | 14/02/2020
The guidance will cover fees for corporate, SME and retail banking customers, as part of a broader push for fairer fee structures.
Capital / Liquidity
BSP Extends Prudential Loan Cap Transition Period for Foreign Banks
By Editors | 14/02/2020
The extended transitory period is aimed at ensure continued financing support for public sector initiatives under the ‘Build, Build, Build’ programme by foreign bank branches.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team