ADVERTISEMENT
ESG / Sustainability
BSP Calls on Lenders to Do More to Support Climate Action
By Sanday Chongo Kabange | 19/08/2024
The BSP said green finance “has yet to fully take off” and that lenders need to do more to support climate action efforts of enterprises and households.
Securities / Derivatives
Indonesia to Establish Money Market CCP by End of Year
By Editors | 19/08/2024
Bank Indonesia and eight banks will invest in and help develop the CCP, which will be housed under IDClear, the CCP for the country’s capital market.
Fintech / Regtech
Japan FSA to Start Using AI for Monitoring Soundness of FIs
By Editors | 17/08/2024
The new system is being put in place to speed up the detection of issues in the financial system and help prevent financial crises and bank failures.
Capital / Liquidity
Chinese SOE Takes Control of Private Lender Jiangxi Yumin Bank
By Editors | 17/08/2024
The transaction marks the first time a state-owned company has taken control of a private lender in China.
Capital / Liquidity
Thailand to Establish New National Credit Guarantee Agency
By Editors | 17/08/2024
The new agency will assess the credit risk of individual businesses and issue guarantee certificates which can be used to apply for loans from FIs.
Capital / Liquidity
Ripple Starts Testing Stablecoin for Cross-border Payments
By Editors | 15/08/2024
Ripple plans to use both “RLUSD” and XRP in cross-border payments to serve global customers and “dramatically improve their experience”.
Capital / Liquidity
Bangladesh Banking Sector Facing Elevated Risks: S&P Global Ratings
By Manesh Samtani | 14/08/2024
S&P Global Ratings says ongoing reforms could be delayed, liquidity will remain tight, and asset quality vulnerabilities will pressure banks.
Capital / Liquidity
Bank of Laos to Establish Centralised Foreign Exchange Market
By Editors | 14/08/2024
The central bank signed an MoU with 15 banks to establish the new platform, which will help the country move away from informal currency exchange channels.
Capital / Liquidity
RBI Tightens Norms for HFCs to Align with NBFCs
By Ajoy K Das | 14/08/2024
The regulatory changes, effective January 2025, cover requirements on liquid assets and handling of public deposits, among other areas.
Capital / Liquidity
HKMA Issues Supplementary Guidance on Market Risk, CVA Risk
By Sanday Chongo Kabange | 14/08/2024
The guidance clarifies that funding swaps should typically be assigned to the trading book unless designated as hedging instruments under hedge accounting.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team