ADVERTISEMENT
Securities / Derivatives
Philippine Regulators Ease REITs Rules with New Framework
By Editors | 21/01/2020
The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.
Myanmar to Issue New Licences to Foreign Banks
By Editors | 20/01/2020
Foreign banks that have had a representative office in Myanmar for at least three years can apply for a branch licence or a subsidiary licence.
Capital / Liquidity
Sri Lanka Offers Credit Support for Banks to Boost SME Lending
By Editors | 18/01/2020
The new scheme provides risk mitigation support to banks that defer principal repayment and extend new loans for SME borrowers, including those that have defaulted.
ESG / Sustainability
Hong Kong, Thailand Set to Sign Cross-Border Funds Agreement
By Editors | 17/01/2020
Hong Kong’s SFC and Thailand’s SEC plan to sign a mutual recognition of funds agreement within the second quarter of this year.
Securities / Derivatives
SET Scraps Lunch Break for Trading Cross Border Products
By Editors | 14/01/2020
The move is aimed at increasing the overlap time for trading between the Thai and ASEAN stock exchanges.
Fintech / Regtech
Singapore Fintech Awarded Philippine Licence to Operate Digital Bank
By Editors | 14/01/2020
TONIK Digital Bank will be the first “pure-play” digital bank in Southeast Asia, focusing on retail deposits and consumer loans.
Market Infrastructure
Thailand Developing Foundation for Digital Banking – Report
By Editors | 14/01/2020
The efforts are aimed at developing data from non-financial sources, an electronic identification system, and a suitable regulatory framework.
AML / KYC
Bangladesh Introduces e-KYC for All Financial Services Firms
By Editors | 13/01/2020
All financial institutions regulated by Bangladesh Bank are expected to introduce e-KYC in compliance with the new guideline by December 2020.
Capital / Liquidity
Sri Lanka to Enact New Banking Act in 2021
By Editors | 10/01/2020
The new Banking Act will streamline the licensing process, branch approvals, and adopt a proportionality framework for banking regulations, among other changes.
Capital / Liquidity
12 Banks Fail to Meet Bangladesh Capital Requirement
By Editors | 10/01/2020
The total capital shortfall among the 12 banks was reported to be over $2bn as of the end of September, amid rising bad loans in the banking sector.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team