Other Asia Pacific

Securities / Derivatives

New Zealand FMA Approves First Passport Fund Under ARFP

By Editors | 26/01/2022

NZX-owned Smartshares Limited has become the first fund manager to be approved under the Asia Region Funds Passport scheme.

AML / KYC

‘Focus on Fundamentals’ Could be Financial Crime Achilles Heel

By Bradley Maclean | 26/01/2022

New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.

Crypto / Digital Assets

Laos Central Bank Authorises Crypto Exchange Platforms

By Editors | 23/01/2022

Cryptocurrency exchange platforms Lao Digital Assets Exchange and Bitqik are expected to start providing services in April.

Fintech / Regtech

Singapore, Indonesia to Deepen Cooperation on Payments, AML

By Editors | 22/01/2022

MAS and Bank Indonesia will deepen cooperation on payments innovation, monetary policy, macroprudential policy, financial stability, and AML/CFT.

Bangladesh Bank Issues New CSR Guideline for Banks

By Sanday Chongo Kabange | 21/01/2022

Banks and FIs should spend at 20 percent of their CSR funds on the environment and climate change mitigation and adaptation, up from 10 percent previously.

ESG / Sustainability

OJK Indonesia Launches Green Taxonomy, Sets Policy Priorities

By Manesh Samtani | 21/01/2022

OJK says the taxonomy will enable the financial sector to classify green activities within their portfolios, facilitate monitoring of credit and investment flows into the green sector, and prevent greenwashing.

Securities / Derivatives

BSEC Mulls Rule Changes to Allow IPOs from Loss-making Firms

By Ranamita Chakraborty | 19/01/2022

The BSEC is working to set a new method for valuing technology startups with high growth potential to enable them to list on the stock market.

Vietnam, Laos to Step Up Cooperation in Banking Supervision

By Editors | 18/01/2022

The SBV and BOL will cooperate on the sharing of information, cross-border banking supervision, on-site examinations, and crisis management.

UOB to Acquire Citi Consumer Banking Units in Four Markets

By Manesh Samtani | 17/01/2022

The transaction is estimated to reduce UOB’s CET1 ratio by 70 basis points to 12.8 percent, which is considered not material and “well within regulatory requirements”.