Other Asia Pacific

Securities / Derivatives

Indonesia OJK Introduces Dual Class Shares for Tech IPOs

By Sanday Chongo Kabange | 15/12/2021

The move is aimed at incentivising domestic tech firms to list on the IDX to deepen the capital market and make it more attractive to investors.

ESG / Sustainability

Bangko Sentral’s ‘Deliberate Approach’ to Sustainable Finance

By Mark Johnston | 14/12/2021

Deputy governor Chuchi Fonacier explains the BSP’s policy approach to sustainability, highlighting the central bank’s role as an ‘enabler’, ‘mobiliser’ and ‘doer’.

AML / KYC

Parallel Myanmar Government Recognises Tether as Official Currency

By Editors | 14/12/2021

The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.

ESG / Sustainability

Thai SEC Consults on Disclosure Guidance for SRI Funds

By Editors | 13/12/2021

Disclosures should include an investment strategy that details the securities analysis and selection process and investment benchmarks used.

Crypto / Digital Assets

Thai SEC Consults on Rules Restricting Use of DeFi Platforms

By Mark Johnston | 12/12/2021

The proposed rules would bar digital asset fund managers from investing customer assets on DeFi platforms and digital asset advisers from recommending them to investors.

Press Release

Regulation Asia Awards for Excellence 2021 – Results Announcement

By Editors | 10/12/2021

Regulation Asia held its fourth annual Awards ceremony on 9 December 2021. Here we explain our methodology and announce the winners for the year.

Securities / Derivatives

Thailand Set to Launch ID Checking System for Foreign Bond Investors

By Mark Johnston | 08/12/2021

Beginning 4 January 2022, all non-resident investors trading debt securities must register with the BOT and settle trades through segregated securities accounts.

Fintech / Regtech

BSP Urges Rural Banks to Promote Financial Inclusion Through Tech

By Mark Johnston | 07/12/2021

As of end-June 2021, there were over 3,000 rural banks nationwide. However, only 21 of them offer PESONet and 11 offer InstaPay for electronic fund transfer services.

AML / KYC

CBSL to Prosecute Remittances via Informal Channels Under AML Law

By Duruthu E Chandrasekera | 07/12/2021

Foreign workers have been using Hawala channels for remittances, as they offer better rates than formal banking channels.