Other Asia Pacific

    Capital / Liquidity

    Record Number of Bangladesh Banks Face Provisioning Shortfall

    By Editors | 04/03/2019

    As a result of non-performing loans in the banking sector and excessive lending in violation of banking regulations, 15 banks in Bangladesh are facing provisioning shortfalls.

    Market Infrastructure

    Thailand Moves to Transaction-based Calculation for THBFIX

    By Editors | 04/03/2019

    The “more credible” transactions-based approach will improve transparency and reduce risks of manipulation, and is in line with the IOSCO Principles for Financial Benchmarks, the BOT said.

    Big Picture

    S&P Upgrades Philippine Banking System Following New BSP Charter

    By Editors | 04/03/2019

    The new charter bolsters the BSP’s powers to exercise its core mandate of promoting a sound financial system and address risks arising from the financial system’s interconnectedness.

    Crypto / Digital Assets

    Thailand to Allow Scripless Issuance, Tokenisation of Securities

    By Editors | 26/02/2019

    The National Legislative Assembly has endorsed an amendment that will enable the scripless issuance and tokenisation of primary market securities, as early as this year.

    Philippine President to Select New BSP Chief

    By Editors | 26/02/2019

    Seen as a champion for banking reform and financial inclusion, BSP governor Nestor Espenilla passed away on Saturday after just 18 months on the job.

    AML / KYC

    FATF Commends China, Sri Lanka; Watchlists Cambodia

    By Manesh Samtani | 26/02/2019

    The Financial Action Task Force has marked the end of its fourth round of mutual evaluations with an announcement of its latest plenary session last week.

    Securities / Derivatives

    Indonesia Unveils New Rules to Boost Capital Market Activity

    By Editors | 26/02/2019

    Indonesia’s stock exchange plans to encourage retail investment in the stock market by lowering the minimum price floor and order lot size, among other measures.

    Capital / Liquidity

    Sri Lanka Cuts Bank Reserve Requirements

    By Editors | 26/02/2019

    To boost credit growth, the Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks from 6 to 5 percent, starting in March.

    Fintech / Regtech

    BSP Streamlines Licensing Process e-Financial Services Firms

    By Editors | 25/02/2019

    The move is in line with BSP’s reform agenda to promote digital innovation and increase availability of safer and more efficient channels for financial services.

    Capital / Liquidity

    Vietnam Central Bank to Slash Reserve Requirements for Some Lenders

    By Editors | 20/02/2019

    The central bank proposes to halve reserve requirements for banks that assist it in restructuring ailing credit institutions.

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