ADVERTISEMENT
Fintech / Regtech
Malaysia Set to License its First Robo-advisory
By Garima Chitkara | 22/03/2018
Securities Commission 2017 annual report reveals eligibility and application requirements for digital investment management; first robot-advisory license to be granted in 2018.
Fintech / Regtech
Thailand Banks on Blockchain
By Manesh Samtani | 22/03/2018
Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.
Fintech / Regtech
Indonesian State-owned Lender to Introduce Biometric Security
By Editors | 21/03/2018
System, which is awaiting approval from financial service authority, will require either fingerprint or retina scanning.
Market Infrastructure
Malaysia Establishes Working Group to Digitise Brokerage Industry
By Garima Chitkara | 18/03/2018
The BRIDGe working group will work to enhance operational efficiencies and service standards, promote innovation and reduce brokerage costs.
Capital / Liquidity
Malaysia Banks Can Withstand Severe Shocks – BNM
By Manesh Samtani | 16/03/2018
The central bank’s Financial Stability Committee says Malaysian banks have a “strong capacity” to withstand financial shocks comparable to past crises.
Capital / Liquidity
Bangladesh to Raise Capital Requirements on Stock Brokers, Merchant Banks
By Garima Chitkara | 15/03/2018
New capital requirements will be imposed on stock brokers, merchant banks, asset managers and institutional portfolio managers.
Market Infrastructure
Myanmar Central Bank Pushes for New Moveable Assets Law
By Garima Chitkara | 15/03/2018
A moveable asset finance law would enable banks to accept collateral other than real estate such as stock, equipment and receivables.
Crypto / Digital Assets
Thailand to Legalise Cryptocurrency by Royal Decree
By Manesh Samtani | 14/03/2018
Cryptocurrencies will be classified as assets and regulated by SEC; capital gains from trading to be taxed at 10 percent.
Capital / Liquidity
Basel Committee Publishes Follow-up Reports on Basel III Implementation
By Manesh Samtani | 13/03/2018
The Committee also published an assessment handbook and self-assessment questionnaire to help member jurisdictions prepare for future RCAP assessments.
Enforcement
Malaysia Reveals Bank Employee Screening Policy
By Samuel Riding | 12/03/2018
Financial institutions will be required to forward references, hiring companies must check Financial Markets Association records.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team