The amended Electronic Transactions Law (ETL) is one of several legislative changes that have emanated from the recent military takeover in Myanmar. These changes affect banks, insurers, providers of payments infrastructure...more
The OJK introduced new regulation to facilitate the transformation of foreign bank branches into subsidiaries and address certain existing uncertainties in executing bank M&A.
The key change is the introduction of branch...more
The Monetary Authority of Singapore (MAS) announced on 29 August 2019 that it will begin accepting applications for new digital bank licences.
This follows from its earlier announcement on 28 June 2019 of its intention to...more
The Monetary Authority of Singapore (MAS) has announced its intent to issue up to five digital bank licences, comprising:
• Up to two digital full bank licences, which will eventually allow the provision of a wide range of...more