Other Asia Pacific

Thai SEC to Collaborate with Environmental Organisations  

By Pongnut Thanaboonchai | 20/10/2021

The collaboration will aim to promote good governance, while encouraging businesses to take into account social and environmental considerations.

Securities / Derivatives

Pakistan Stock Exchange Set to Launch New Trading System

By Manesh Samtani | 19/10/2021

The system, acquired from the Shenzhen Stock Exchange, was first scheduled to be implemented in March 2021. The launch is now expected within October.

AML / KYC

UPDATED – BOT Calms Nerves Amid Large Scale Bank Card Fraud  

By Pongnut Thanaboonchai | 18/10/2021

More than 10,000 card holders have experienced unatuthorised transactions on credit and debit cards issued by several Thai banks.

Crypto / Digital Assets

Sri Lanka to Develop Regulatory Framework for Cryptocurrency

By Sanday Chongo Kabange | 15/10/2021

The committee will advise Sri Lanka’s cabinet on a regulatory framework for Sri Lanka for blockchain, digital banking and crypto mining.

Market Infrastructure

Sri Lanka Cabinet Approves Data Protection Bill

By Duruthu E Chandrasekera | 14/10/2021

Data controllers must ensure the security and confidentiality of personal data. The rights of data subjects will be enhanced. Cross-border transfers are allowed.

Fintech / Regtech

BSP Migrates to API-Based Regulatory Reporting

By Sanday Chongo Kabange | 14/10/2021

Banks have six months to enable capabilities to generate XML reports and ensure appropriate personnel is in place.

Market Infrastructure

Sri Lanka: CBSL Collaborates with Industry on Inward Remittances

By Duruthu E Chandrasekera | 12/10/2021

The central bank is working with banks, mobile operators, and government agencies to launch a new mobile app for inward remittances.

BSP Raises Loan Limits to Bolster Project Finance

By Editors | 11/10/2021

The single borrower limit was increased to mobilise funding toward projects that support the Philippines’ economic recovery efforts and nation building.

Fintech / Regtech

Laos Central Bank to Explore CBDC Issuance

By Sanday Chongo Kabange | 11/10/2021

To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.