Other Asia Pacific

ESG / Sustainability

Vietnam to Pilot Carbon Credit Exchange in 2025

By Mark Johnston | 28/08/2024

HNX and VSD are asked to launch a pilot carbon credit exchange in 2025, to help Vietnam achieve its net-zero emissions by 2050.

Fintech / Regtech

Cambodia Launches Bakong App for International Travellers

By Nithya Subramanian | 27/08/2024

The Bakong Tourists App is expected to help promote tourism while also encouraging greater use of the local currency.

Securities / Derivatives

BSEC Launches Probe into Management of Stock Exchanges

By Ajoy K Das | 23/08/2024

BSEC established investigative committees to audit the management function of the Dhaka and Chittagong stock exchanges.

AML / KYC

Binance and Macau Police Launch Campaign to Combat Scams

By Editors | 23/08/2024

Binance has partnered with the Macau Judiciary Police to launch an anti-scam campaign, aiming to protect users from the risk of fraud in the digital space.

Fintech / Regtech

China, Vietnam Sign MOU on Cross Border Payment Connectivity

By Editors | 22/08/2024

The PBOC and SBV signed an MOU focusing on local currency settlement, currency swaps, and cross-border payment connectivity.

ESG / Sustainability

BSP, NBC to Cooperate on Payment System Connectivity, Digital Finance

By Sanday Chongo Kabange | 22/08/2024

The central banks will collaborate on payment connectivity, digital finance innovation, AI, cyber security, and sustainable finance.

Market Infrastructure

Transitioning to T+1 Settlement: Lessons for Asian Firms

By Nithya Subramanian | 22/08/2024

Asia Pacific jurisdictions are increasingly considering moving to a T+1 securities settlement cycle following the US move in May, says DTCC’s Val Wotton.

AML / KYC

Banks Exercise Caution in Transition to AI-Based AML Systems

By Bradley Maclean | 20/08/2024

Participants at a recent Regulation Asia roundtable in Hong Kong expressed caution, but also optimism, about the use of AI for AML purposes.

AML / KYC

Myanmar Charges Tycoon Over Use of Scam Centre Proceeds

By Editors | 18/08/2024

The former executive chair of privately owned Yoma Bank allegedly used criminal proceeds from online scam centres to invest in a real estate project.