Other Asia Pacific

Crypto / Digital Assets

Stock Exchange of Thailand to Launch Digital Asset Platform by 2020

By Editors | 15/03/2019

The SET says it will build a comprehensive digital asset ecosystem around the new platform as part of its digitalisation strategy, as the country approves its first ‘ICO portal’.

Market Infrastructure

How Regulators in Asia Can Enhance Their Competitiveness

By Simon Topping | 13/03/2019

KPMG’s Simon Topping offers his views on how regulatory considerations can affect the attractiveness and competitiveness of Asia Pacific banking markets.

AML / KYC

Bank of Ayudhya Uses Facial Recognition in Account Opening

By Editors | 12/03/2019

Bank of Ayudhya has become the first bank in Thailand to introduce facial recognition in account opening, which it says will enhance security and prevent fraud and identity theft.

Capital / Liquidity

Philippines Extends Compliance Deadline for LCR, NSFR

By Editors | 11/03/2019

The BSP has given subsidiary banks and quasi-banks an extra year to meet the 100% LCR and NSFR requirements.

Capital / Liquidity

Bangladesh to Make Sweeping Banking Sector Reforms

By Editors | 07/03/2019

Bangladesh Bank is spearheading a wide-ranging policy review to tackle soaring NPLs and willful defaulters in the nation’s banking sector.

Market Infrastructure

BSP Eyes Oversight Extension to Cover Banking Conglomerates

By Editors | 07/03/2019

The BSP gained sweeping new powers last month, but it did not gain the oversight authority over conglomerates that own or control Philippine banks.

Securities / Derivatives

SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting

By Editors | 06/03/2019

SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.

Market Infrastructure

Are We Ready for the Next Financial Crisis?

By Adrien Vanderlinden | 05/03/2019

DTCC’s Adrien Vanderlinden explores the biggest threats to financial stability 10 years after the financial crisis, and how Asia is responding to potential cyber-threats.

Philippine President Selects Budget Secretary as New BSP Chief

By Editors | 05/03/2019

Benjamin Diokno will replace the late Nestor Espenilla as the new central bank chief. Observers had expected one of the three deputy governors to be named.