OTHER ASIA PACIFIC

Securities / Derivatives

Myanmar to Open Stock Market to Resident Foreigners in March

By Editors | 21/02/2020

Allowing foreigners to buy stocks is one of the ways Myanmar hopes to bolster its moribund stock market, which after four years still has only five stocks.

Capital / Liquidity

Basel IV to Impact APAC Banks Unevenly: Moody’s

By Editors | 20/02/2020

‘Basel IV’ will narrow the gap between the internal ratings based approach and the standardised approach for calculating risk-weighted assets.

Fintech / Regtech

Thailand, Cambodia Launch Cross-Border QR Payments

By Editors | 20/02/2020

New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.

Securities / Derivatives

Bangladesh Banks to Get Credit Support for Stock Market Investment

By Editors | 17/02/2020

Stock market investment through the credit support package will not count towards the maximum allowed stock market exposure of 25% of capital.

Fintech / Regtech

Vietnam Scraps Proposed Foreign Ownership Cap for Payments Firms

By Editors | 14/02/2020

The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.

BOT Prepares Guidance for Banks on Service Fee Calculations

By Editors | 14/02/2020

The guidance will cover fees for corporate, SME and retail banking customers, as part of a broader push for fairer fee structures.

Capital / Liquidity

BSP Extends Prudential Loan Cap Transition Period for Foreign Banks

By Editors | 14/02/2020

The extended transitory period is aimed at ensure continued financing support for public sector initiatives under the ‘Build, Build, Build’ programme by foreign bank branches.

Securities / Derivatives

BSP Bars Bank Affiliates from Holding Bank-Issued Debt

By Editors | 12/02/2020

The prohibition is aimed at preventing related parties from obtaining undue advantage when transacting in debt instruments issued by affiliated banks.

Securities / Derivatives

Bangladesh to Float Shares of State Banks to Prop Up Market

By Editors | 12/02/2020

Sonali Bank, Agrani Bank, Janata Bank, Rupali Bank and Bangladesh Development Bank will each have 25% of their shares listed on the stock market by end-October.