Other Asia Pacific

Market Infrastructure

BOT Issues New Data Governance Guidelines for Banks

By Pongnut Thanaboonchai | 03/10/2021

The guidelines set out a data governance approach that encompasses five aspects, allowing for flexibility to cater to the specific nature of a bank’s operations.

AML / KYC

BSP Updates e-KYC Guidelines for Financial Institutions

By Ranamita Chakraborty | 03/10/2021

The guidelines include national digital ID system PhilSys as an accepted method for verifying customer identities, subject to proper authentication.

Fintech / Regtech

Central Banks Create Prototype Platform for mCBDC Settlements

By Sanday Chongo Kabange | 28/09/2021

The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.

Securities / Derivatives

TFEX Extends Trading Hours to Facilitate Currency Hedging

By Editors | 27/09/2021

TFEX says extended trading hours will accommodate investors’ trading needs and enable them to manage foreign exchange risk more conveniently.

Securities / Derivatives

ASEAN Exchanges to Identify Common ESG Metrics

By Pongnut Thanaboonchai | 26/09/2021

Seven ASEAN exchanges have formed a new ESG working group to start work towards a ‘common sustainability programme’.

Crypto / Digital Assets

Thai SEC Directs Listed Companies to Disclose Crypto Investments

By Pongnut Thanaboonchai | 25/09/2021

Disclosures should be made through the SET’s online portal, company websites, annual registration statements and annual reports.

Bangladesh Issues Guidelines on Non-banking Asset Disposal

By Ranamita Chakraborty | 25/09/2021

Banks are instructed to quickly register and then dispose of non-banking assets put up as collateral in the event of a borrower default.

Securities / Derivatives

Thailand’s SEC to Simplify Fund Disclosure Requirements

By Pongnut Thanaboonchai | 23/09/2021

The SEC said the information contained in prospectuses and factsheets is repetitive and redundant, making it difficult for investors to digest the information.

Securities / Derivatives

SEC Philippines Creates Office to Facilitate Capital Raising by SMEs

By Sanday Chongo Kabange | 22/09/2021

The new office will simplify capital raising, streamline registration processes, and promote SME-friendly underwriting and advisory programmes at FIs.