Other Asia Pacific

    ESG / Sustainability

    Sri Lanka Regulator to Align Rules with New SEC Act Within January

    By Duruthu E Chandrasekera | 28/12/2021

    The new SEC Act passed in September paves the way for new rules and guidelines to raise ESG standards among listed companies in Sri Lanka.

    Fintech / Regtech

    Bank Indonesia Launches New Fast Payments System, BI-Fast

    By Sanday Chongo Kabange | 24/12/2021

    BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.

    Securities / Derivatives

    Taxing Securities Trades Will Reduce Competitiveness, says SET President

    By Editors | 23/12/2021

    SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

    Fintech / Regtech

    Cambodia, Laos to Step Up Cross-Border Cooperation in 2022

    By Editors | 23/12/2021

    The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.

    AML / KYC

    BSP Identifies Other Banks, Non-banks Involved in BDO Hack

    By Editors | 23/12/2021

    A BSP task force will submit recommendations to the Monetary Board by mid-January 2022, which may include sanctions and penalties for the involved banks.

    Securities / Derivatives

    OJK Indonesia Suspends Granting of New Asset Management Licences

    By Editors | 20/12/2021

    OJK said the moratorium will allow it to evaluate governance, capacity and prudential practices in the mutual fund industry.

    ESG / Sustainability

    ESG Products, Retail Investors to Propel Asia Derivatives Market

    By Editors | 20/12/2021

    in 2022, Asia derivatives market growth will be driven by ESG-related products and increased retail investor participation.

    Market Infrastructure

    Vietnam Debuts New Umbrella Entity to Manage Stock Exchanges

    By Sanday Chongo Kabange | 16/12/2021

    VNX, or Vietnam Stock Exchange, will serve as a new umbrella entity to manage the Hanoi and Ho Chi Minh stock exchanges.

    Big Picture

    ESG Data, Regulation and the APAC Fragmentation Challenge

    By Manesh Samtani | 16/12/2021

    Panellists at Regulation Asia’s ESG Tech & Data event discussed the need for methodology transparency and better company reporting.

    AML / KYC

    BSP to Ensure Hacked BDO Accounts Are Reimbursed

    By Mark Johnston | 15/12/2021

    Some 700 customers of BDO Unibank have suffered losses due to a hack. The BSP said it will ensure remedial measures are undertaken.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team