Other Asia Pacific

    Capital / Liquidity

    Thailand Relaxes Policy on Bank Dividend Payments

    By Pongnut Thanaboonchai | 16/11/2021

    Banks will no longer be required to cap their dividends at the previous year’s payout ratio. However, they will still have a limit set at 50 percent of 2021 net profit.

    AML / KYC

    US Treasury Sanctions Cambodian Officials for Corruption

    By Ranamita Chakraborty | 13/11/2021

    Businesses in Cambodia are warned to “be mindful of interactions with entities in corrupt business practices, criminal activities and human rights abuses”.

    Fintech / Regtech

    Sri Lanka Rolls Out National QR Payments Solution

    By Ranamita Chakraborty | 13/11/2021

    LANKAQR targets SMEs and customers will not be charged for payments made by scanning a QR code with their mobile device.

    Fintech / Regtech

    Indonesia Religious Council Declares Crypto Assets Forbidden

    By Editors | 12/11/2021

    Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.

    AML / KYC

    APG Re-rates Sri Lanka on One FATF Recommendation

    By Editors | 11/11/2021

    Sri Lanka extended its foreign exchange declaration requirements to include the full range of bearer negotiable instruments, in line with Recommendation 32.

    Fintech / Regtech

    Indonesia, UAE to Cooperate on Payments, Fintech, AML

    By Editors | 11/11/2021

    Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.

    ASEAN Sectoral Bodies Publish Taxonomy for Sustainable Finance

    By Mark Johnston | 11/11/2021

    The ASEAN Sectoral Bodies make inclusivity and credibility central to the regional taxonomy for sustainable finance.

    Market Infrastructure

    Bank Indonesia Set to Launch Faster Payment System

    By Sanday Chongo Kabange | 11/11/2021

    ‘BI-Fast’ will enable real-time payments 24/7 for retail customers, and will also be used in cross-border payments in future.

    Big Picture

    World Bank Urges East Asian, Pacific Jurisdictions to Address NPLs

    By Ranamita Chakraborty | 11/11/2021

    A new report from the World Bank offers recommendations for East Asian and Pacific countries on addressing pandemic-related non-performing loans.

    Market Infrastructure

    Singapore, Philippines to Pursue Cross Border Payment Links

    By Editors | 08/11/2021

    MAS and the BSP have agreed to pursue real time and QR payment systems links to enable instant, seamless and low-cost cross-border payments.

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