Other Asia Pacific

Securities / Derivatives

Thailand SEC Amends Rules for Capital Market Auditors

By Sanday Chongo Kabange | 12/04/2021

The experience requirement for auditors in the capital markets has been reduced from a minimum of 10 years to seven years.

AML / KYC

SEC Thailand Allows Crypto Exchange Bitkub to Resume Services

By Editors | 12/04/2021

Bitkub has been allowed to resume accepting new clients. A warning was issued against Binance. Huobi was ordered to suspend services.

Market Infrastructure

LIBOR Phase-out, RFR Adoption: A Path Forward for Sri Lanka

By Lalinda Sugathadasa | 11/04/2021

The CBSL should play a more active role in facilitating the transition in Sri Lanka, says Lalinda Sugathadasa, Head of Research at ICRA Lanka.

Market Infrastructure

BOT to Prohibit THBFIX-based Transactions from 1 July

By Editors | 11/04/2021

New transactions based on THBFIX including loans, bonds, and structures notes must stop from 1 July 2021.

Market Infrastructure

HoSE Pledges to Launch New Trading System by Year-end

By Sanday Chongo Kabange | 10/04/2021

HoSE will use all available resources to accelerate implementation and make the new system operational within this year.

Fintech / Regtech

Overseas Filipino Bank Obtains Digital Bank Licence

By Ranamita Chakraborty | 09/04/2021

Overseas Filipino Bank, formed as a policy bank to provide services to overseas Filipinos, has been granted a digital banking licence.

UPDATED – Bangladesh: Banks, Stock Exchanges Shorten Work Hours

By Editors | 08/04/2021

Banks were asked to carry out all transactions from 10am to 12.30pm during the lockdown and to only keep branches open until 2pm.

Crypto / Digital Assets

Thailand SEC to Require Crypto Investors to Have Experience

By Sanday Chongo Kabange | 08/04/2021

Under the new regulations, cryptocurrency investors must have previous experience or training to prove their knowledge of cryptocurrency.

AML / KYC

Philippines Expands AML Rules to Financing, Lending Firms

By Ranamita Chakraborty | 08/04/2021

All financing and lending companies are required to register with the AMLC, report suspicious transactions and comply with other AML/CTF rules.