Other Asia Pacific

Capital / Liquidity

Bangladesh Banking Sector Facing Elevated Risks: S&P Global Ratings

By Manesh Samtani | 14/08/2024

S&P Global Ratings says ongoing reforms could be delayed, liquidity will remain tight, and asset quality vulnerabilities will pressure banks.

Capital / Liquidity

Bank of Laos to Establish Centralised Foreign Exchange Market

By Editors | 14/08/2024

The central bank signed an MoU with 15 banks to establish the new platform, which will help the country move away from informal currency exchange channels.

Sanctions

US Lawmakers Call for Sanctions on Bangladeshi Officials

By Editors | 12/08/2024

Six lawmakers are calling for sanctions on two Bangladeshi officials who were responsible for the use of “disproportionate, unlawful force” to suppress protesters.

Market Infrastructure

Vietnam, Singapore Agree to Boost Stock Exchange Cooperation

By Nithya Subramanian | 08/08/2024

The Vietnam Stock Exchange and Singapore Exchange will work together to develop products and boost stock and derivatives listings.

AML / KYC

The Case for Change: Leveraging GenAI in Anti-Financial Crime

By Bradley Maclean | 07/08/2024

GenAI’s emergence will revolutionise financial crime prevention, but a balanced approach that includes strict oversight will be key to maximising its benefits.

Sanctions

Myanmar Punishes Exporters for Failure to Convert FX to Kyat

By Editors | 05/08/2024

Over 100 companies have had their export licences revoked. Their owners face potential jail time and asset confiscation.

Enforcement

Singapore Recovers $40 Million in Email Scam Bust

By Nithya Subramanian | 05/08/2024

Collaboration between the SPF, Timor-Leste authorities and INTERPOL led to the largest business email compromise scam recovery.

Securities / Derivatives

PASLA Publishes APAC Securities Lending Market Guide 2024

By Editors | 26/07/2024

The guide provides information on securities finance markets across APAC, including recommendations for promoting more openness, transparency and efficiency.

Fintech / Regtech

Cambodia to Allow Tourists to Use Bakong Payment App

By Nithya Subramanian | 23/07/2024

Tourists visiting Cambodia will be able to download the Bakong app and use a credit card from their home country to top up the wallet.