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AML / KYC
Registration with Financial Information System Compulsory – Indonesia Regulator
By Editors | 11/01/2018
Move will require all financial services firms operating in the country to provide customers identification and tax details to the regulator by 2022.
Securities / Derivatives
Thailand Allows Securities Firms to Offer Bitcoin Futures Locally
By Manesh Samtani | 11/01/2018
The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.
Securities / Derivatives
Higher Stock Transaction Tax to Impact Trading Volume: PSE
By Garima Chitkara | 05/01/2018
Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.
Market Infrastructure
Indonesia to Establish Derivatives CCP
By Editors | 03/01/2018
Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.
Capital / Liquidity
OJK Takes Over Credit Information Management from BI
By Garima Chitkara | 02/01/2018
Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.
Fintech / Regtech
Foreign Vendors Dominate Bangladesh Banking Tech
By Editors | 27/12/2017
Although foreign software costs more and regulatory change cannot be adopted instantly, banks prefer them for their functionality and flexibility.
Philippines Issues New Guidelines on Bank Stress Tests
By Editors | 26/12/2017
Central bank gives financial institutions two years to meet new risk management expectations.
Fintech / Regtech
Malaysia to Introduce Alternative Trading Systems
By Garima Chitkara | 26/12/2017
Securities Commission invites proposals from parties interested in participating in regulatory sandbox sessions under its innovation lab.
Philippines Scraps Approval Rules on Private Sector FX Loans
By Editors | 26/12/2017
Loans not guaranteed by public sector entity now only need to be registered; Documentary requirements relaxed.
Malaysia Raises Standards for SRI Funds
By Editors | 20/12/2017
New guidelines introduce additional disclosure and reporting requirements for SRI-designated funds.
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