Natasha Teja

2 months ago | bankingriskandregulation.com | Natasha Teja

By Natasha Teja South-east Asian countries are stepping up efforts to combat the funding of weapons of mass destruction, better known as proliferation financing, amid flaring regional conflict. Targeted sanctions have helped the Philippines get off an anti-money laundering ‘greylist’. Thai banks, however, stand accused of funding Myanmar’s civil war. Singapore is taking ... To continue reading Request Free Trial Unlimited access to all content. Email alerts highlighting key industry insight.

2 months ago | bankingriskandregulation.com | Natasha Teja

By Natasha Teja Banks in Hong Kong have maintained a strong buffer against China’s spiralling real estate crisis, working with distressed homeowners rather than writing off properties at a loss. But this is getting harder by the day. The city-state’s financial watchdog has issued plans to beef up the financial system, but market ... To continue reading Request Free Trial Unlimited access to all content. Email alerts highlighting key industry insight.

2 months ago | fdiintelligence.com | Natasha Teja

Indonesia has locked horns with Apple over its local sourcing shortcomings. Newly elected president Prabowo Subianto’s government banned the sale of the iPhone 16 family of phones in Indonesia in October and rejected several offers by the US company to fix the issue. Investment minister Rosan Roeslani told Bloomberg News on January 22 that the government is close to reaching a deal with Apple.

2 months ago | thebanker.com | Natasha Teja

Former Silicon Valley Bank chief executive Ken Wilcox has warned that Trump’s deregulation agenda could lead to more bank failures similar to those experienced by SVB and other lenders in 2023 and during the 2008 financial crisis, warning that “banks will run amok” if regulatory enforcement is loosened. Last week Trump accused the Federal Reserve of doing a “terrible job” on banking regulation via a post on Truth Social, after the central bank left interest rates unchanged.

2 months ago | thebanker.com | Natasha Teja

Banks in Hong Kong are eyeing up trade financing opportunities in emerging markets amid shifting supply chains and the government’s support measures, designed to boost the city’s role as an offshore yuan centre. The territory’s lenders have identified south-east Asia and the Middle East as key markets for trade financing opportunities, with Indonesia, Vietnam, Thailand, Malaysia, the Philippines, Cambodia, Saudi Arabia and the UAE among the top contenders.