BOT and SBV signed two memoranda of understanding (MoUs) in to promote financial and banking cooperation between Thailand and Vietnam. One MoU is on cooperation and exchange of regulatory information and replaces the MoU signed in 2010. The other MoU is on financial technology cooperation and is intended to promote the development of technology. The MoUs were signed by the BOT Governor Wirathai Santiprapob and the SBV Governor Le Minh Hung.
Related Link (in Thai): Press Release (PDF)
Keywords: Asia Pacific, Thailand, Vietnam, Banking, MoU, Fintech, Regulatory Cooperation, SBV, BOT
Previous ArticleFFIEC Publishes Guide to HMDA Reporting for Data Collected in 2019
In a recent Market Notice, the Bank of England (BoE) confirmed that green gilts will have equivalent eligibility to existing gilts in its market operations.
The Financial Conduct Authority (FCA) published the policy statement PS21/9 on implementation of the Investment Firms Prudential Regime.
The European Banking Authority (EBA) proposed regulatory technical standards that set out criteria for identifying shadow banking entities for the purpose of reporting large exposures.
The Board of the International Organization of Securities Commissions (IOSCO) proposed a set of recommendations on the environmental, social, and governance (ESG) ratings and data providers.
The European Commission (EC) announced plans to defer the application of 13 regulatory technical standards under the Sustainable Finance Disclosure Regulation (2019/2088) by six months, from January 01, 2022 to July 01, 2022.
The Bank of England (BoE) published a consultation paper on approach to setting minimum requirement for own funds and eligible liabilities (MREL), an operational guide on executing bail-in, and a statement from the Deputy Governor Dave Ramsden.
The European Banking Authority (EBA) is seeking preliminary input on standardization of the proportionality assessment methodology for credit institutions and investment firms.
Certain regulatory authorities in the US are extending period for completion of the review of certain residential mortgage provisions and for publication of notice disclosing the determination of this review until December 20, 2021.
The Prudential Regulation Authority (PRA) published the policy statement PS18/21, which introduces an amendment in the definition of "higher paid material risk taker" in the Remuneration Part of the PRA Rulebook.
The European Banking Authority (EBA) published its annual report on asset encumbrance in banking sector.