OTHER ASIA PACIFIC

    Big Picture

    ASIFMA Calls for Global Coordination of Sustainability Efforts

    By Manesh Samtani | 03/03/2020

    Fragmented approaches to sustainable finance may ultimately undermine the development of sustainable finance through increased complexity and lack of coordination.

    Securities / Derivatives

    Indonesia Halts Short Selling, Cuts Reserve Requirements

    By Editors | 03/03/2020

    Short selling was halted to stop panic selling after the first two cases of Covid-19 were detected in the country. Separately, the central bank has introduced 5 new policy measures.

    Market Infrastructure

    Thailand Raises Currency Repatriation Threshold Five-Fold to $1m

    By Editors | 02/03/2020

    The move is aimed at achieving more balanced capital flows and at easing the strength of the Thai baht, which hurt the domestic economy last year.

    Capital / Liquidity

    Philippine Banks to Get Covid-19 Regulatory Relief

    By Editors | 01/03/2020

    The relief measures may include grace periods for rediscounting loans, staggered booking of credit losses, non-imposition of penalties for reserve deficiencies, and non-recognition of loan defaults.

    Fintech / Regtech

    Indonesia Halts Fintech Registrations Amid Lack of Supervisory Capacity

    By Editors | 01/03/2020

    The OJK has temporarily halted new registrations from fintech firms to dedicate its supervisory resources on ensuring the quality of existing firms.

    Crypto / Digital Assets

    Thailand SEC Sets Out Three Year Strategic Plan for Capital Market

    By Editors | 28/02/2020

    The strategic plan includes greater integration of ESG factors in the market, enhancing SME and startup access to capital, promoting the use of digital and e-KYC technologies, among others.

    Market Infrastructure

    Indonesia CSD Goes Live with Nasdaq Technology

    By Editors | 28/02/2020

    The new CSD platform operates at a rate 40 times faster than the previous system, with the ability to manage up to 80,000 settlement instructions per minute.

    Capital / Liquidity

    BSP Approves ‘Enhanced’ Capital Requirements for Smaller Banks

    By Editors | 27/02/2020

    The higher capital standards for stand-alone thrifts, rural and cooperative banks include a 6% minimum CET1 ratio, a 7.5% Tier 1 ratio, and a 2.5% capital conservation buffer.

    Market Infrastructure

    Central Bank to Discontinue Sri Lanka Inter-Bank Offered Rate

    By Editors | 27/02/2020

    This decision reflects the lack of SLIBOR’s usage of in benchmarking loan products in the domestic financial market, along with a global trend of phasing out IBORs.

    Bangladesh Bank Caps Lending Rate at 9pc, Effective in April

    By Editors | 26/02/2020

    Bangladesh Bank has instructed banks to set a maximum 9 percent interest rate on all loan products except credit cards by 1 April.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team