Other Asia Pacific

Capital / Liquidity

Bank Indonesia Offers Incentives for Inclusive Financing Activities

By Editors | 04/03/2022

Banks that expand priority sector credit and inclusive financing beyond certain thresholds can reduce their statutory reserve requirements.

Securities / Derivatives

Cambodia Securities Exchange Launches New Mobile Trading App

By Editors | 04/03/2022

The mobile app will help promote the growth of trading and liquidity in Cambodia’s securities market, said CSX chief Hong Sok Hour.

Securities / Derivatives

BSEC Plans to Transition Stock Market to T+2 Settlement

By Editors | 03/03/2022

BSEC is working on the technical aspects of the change, which will likely be implemented in phases, starting with blue-chip stocks.

CBSL Calls on Public to Report Illegal FX Dealers

By Duruthu E Chandrasekera | 03/03/2022

The public is asked to inform the Foreign Exchange Department of CBSL of any person, institution or any other entity that is engaged in unauthorized FX dealings.

Capital / Liquidity

Bangladesh to Extend Deposit Protection to NBFIs

By Editors | 01/03/2022

Currently only bank depositors are protected and customers of other types of deposit-taking financial institutions are not covered.

AML / KYC

US Regulators Fine National Bank of Pakistan $55m for AML Violations

By Sanday Chongo Kabange | 01/03/2022

National Bank of Pakistan is required to pay penalties, correct deficiencies in its AML compliance, and submit quarterly progress reports on remedial actions taken.

Securities / Derivatives

BIS Launches Green Bond Fund Dedicated to APAC Region

By Editors | 28/02/2022

This is the third green bond fund launched by the BIS. It will help channel central bank reserves to green projects in the Asia and Pacific region.

Capital / Liquidity

Bangladesh Bank Relaxes Credit Risk Rating System

By Editors | 27/02/2022

The relaxation will allow for easier issuance of loans and credit, thereby helping to accelerate business activities across the country, Bangladesh Bank said.

Securities / Derivatives

BSEC Reduces Minimum Investment Limit for SME Boards

By Editors | 27/02/2022

The BSEC eased the limit in response to requests from merchant bankers. Stock exchanges are directed to provide registration to investors free of cost.