Other Asia Pacific

Market Infrastructure

Sri Lanka to Shorten Equities Settlement Cycle from 10 June

By Editors | 16/05/2024

The CSE said it has amended the clearing house rules to facilitate the shortening of the settlement cycle from T+3 to T+2.

Market Infrastructure

ASEAN+3 Ministers Approve New Rapid Financing Facility

By Editors | 06/05/2024

The Rapid Financing Facility will enable ASEAN+3 countries to access emergency financing during periods of urgent balance of payments needs.

Big Picture

Risks in APAC Private Credit Sector are Limited: HKMA Research

By Manesh Samtani | 03/05/2024

However, further monitoring is warranted as private credit funds are increasingly open-ended, using leverage, and loosening their underwriting standards.

Fintech / Regtech

Thailand to Launch Cross-border QR Payment Link with India

By Nithya Subramanian | 30/04/2024

The payment link with India is expected to roll out in Q3. BOT is aiming to become a multinational payment network.

Market Infrastructure

Last Stretch to T+1: Identifying Potential Bumps for Firms in Asia

By Nellie Dagdag | 30/04/2024

Nellie Dagdag says May 28th is not the end date for T+1 preparations; rather it is an awakening date for appreciation of the benefits of accelerated settlement.

Enforcement

Sri Lanka Adopts Law to Enable Confiscation of Crime Proceeds

By Mark Johnston | 30/04/2024

Sri Lanka’s Cabinet approved a law that enables the tracing and confiscation of criminal proceeds, including to retrieve assets hidden overseas.

AML / KYC

GCFFC Estimates Human Trafficking Proceeds at $498b for 2024

By Manesh Samtani | 28/04/2024

APAC has the most human trafficking victims compared to other regions, including in terms of forced criminality, forced marriages, and sexual exploitation.

Securities / Derivatives

Bangladesh Tightens Circuit Breaker Limit for Listed Stocks

By Ajoy K Das | 27/04/2024

BSEC said the decision to tighten the circuit breaker’s lower limit was made in the interest of investors and securities market.

Capital / Liquidity

Asia-Pacific’s Long March Towards the Basel Endgame

By Blake Evans-Pritchard | 26/04/2024

Those who think we’ve heard the last about the framework’s implementation should think again.