OTHER ASIA PACIFIC

Fintech / Regtech

Cambodia Selects Three Banks to Pilot QR Code System

By Editors | 21/06/2019

The QR code system developed by Siam Commercial Bank will enable cross border payments between Cambodia and Thailand using local currencies.

Big Picture

Non Bank Payment Providers Raise Compliance Costs: LexisNexis

By Editors | 20/06/2019

High labour costs in the AML function are partly driven by the growth of non-bank payment providers, which increase complexity and reduce transparency in the transaction chain.

Securities / Derivatives

Vietnam Government Bond Futures Set for 4 July Launch

By Editors | 20/06/2019

Government bond futures will be the second derivatives market product launched by the Hanoi Stock Exchange since it started index futures in August 2017.

Market Infrastructure

BSP Orders FIs to Coordinate Cyber Threat Response

By Editors | 17/06/2019

BSP supervised financial institutions are asked to participate in the BAPCID, a platform for sharing cyber threat information and best practices.

Securities / Derivatives

Thailand to Allow Temporary Trading in Suspended Stocks

By Editors | 12/06/2019

For a one-month period in July, temporary trading will be allowed for SET listed securities that have been suspended for three months consecutively.

Fintech / Regtech

Philippines: Online Lenders to Adopt Code of Conduct

By Editors | 08/06/2019

The pledge comes after 48 online lenders were cited for using customers’ personal data to publicly shame people who did not settle their debts on time.

Securities / Derivatives

Philippine Bourse Rolls Out Online IPO Subscription Platform

By Editors | 05/06/2019

The new platform allows local small investors to subscribe to IPOs online. Previously, they had to file IPO subscription forms at designated mall kiosks.

Market Infrastructure

Japan, Philippines Explore Yen-Peso Direct Trading

By Editors | 03/06/2019

Japan and the Philippines will explore the establishment of direct yen-peso settlement for trade and investment between the two countries.

AML / KYC

Financial Crime on the Rise in APAC

By Editors | 31/05/2019

Almost three-quarters of Asia Pacific organisations have been victims of financial crime in the past year, according to recently published survey results by Refinitiv.