Other Asia Pacific

Capital / Liquidity

BSP Proposes Prudential Requirements for Digital Banks

By Editors | 11/10/2021

The BSP proposes a 3 percent RRR for digital banks, aligning them with thrift lenders. A 7th licence will not be issued at the stage as previously planned.

ESG / Sustainability

OJK Indonesia Establishes New Sustainable Finance Task Force

By Ranamita Chakraborty | 10/10/2021

The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.

BOT Issues Guidelines for Banks on Fair Lending

By Pongnut Thanaboonchai | 08/10/2021

The BOT sets out six steps for ensuring equitable lending practices, from the development of lending products to the sale of debts to other creditors.

BOT Set to Cap Interest Rates on Consolidated Debt

By Pongnut Thanaboonchai | 06/10/2021

New guidelines will cap the interest lenders can charge borrowers who consolidate debt owed to multiple lenders within the same group.

Market Infrastructure

CBSL Roadmap Outlines Six Month Plan to Stabilise Sri Lanka

By Duruthu E Chandrasekera | 06/10/2021

Export proceeds must be repatriated and converted to local currency. The loan moratorium will be unwound gradually. Liquidity support will be provided to banks.

Securities / Derivatives

Dhaka Bourse Commences Trading on New SME Platform

By Duruthu E Chandrasekera | 05/10/2021

Investors must have at least BDT 5 million in stock investments to participate in the secondary market for SMEs listed on the new platform.

Securities / Derivatives

Thailand, China to Explore Market Connectivity Initiatives

By Editors | 05/10/2021

SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.

Market Infrastructure

BSP Urges Passage of Bill to Tackle Rising Cybercrime

By Ranamita Chakraborty | 05/10/2021

The bill will strengthen the legal framework for financial consumer welfare and foster greater public awareness on cybersecurity, the BSP said.

Cambodia Central Bank Introduces Overnight Lending Facility

By Editors | 03/10/2021

The industry has welcomed the MLF as a measure that will allow FIs to support their operations, protect the financial sector, and continue lending.