Regulations Across ASEAN

Carver Agents

Regulatory news, updates, and insights for countries in the ASEAN region presented by the Carver Agents team

  1. 4d ago

    [ASEAN] Regulatory Insights on AI, AML, Capital Markets & Environmental Compliance

    This episode covers critical regulatory updates across Compound, AML, Receipt Issuance, Capital Markets, and Artificial Intelligence sectors within ASEAN. Among the highlights, IOSCO has launched a comprehensive Supervisory Toolkit addressing governance and risk management for AI systems in capital markets, emphasizing transparency and investor protection. Singapore's National Environment Agency is implementing new emission reduction standards for refrigeration and air-conditioning equipment, with phased compliance starting in 2027. Additionally, MAS issued guidance to financial institutions on risk-proportionate client Source of Wealth verification to enhance AML processes, alongside efforts to maintain Singapore’s stature as a trusted gold trading hub. For more information, visit the Carver Agents website. Articles mentioned: IOSCO publishes AI Supervisory Toolkit$8,000 Fine for Illegal Dumping Along Joo Yee RoadP.N. 10/2026NEA To Introduce Measures To Further Reduce Emissions From Refrigeration And Air-Conditioning EquipmentOpening Remarks by Mr Chia Der Jiun, Managing Director, Monetary Authority of Singapore at the UBS Asian Investment Conference, Singapore Wealth Edition, on 25 May 2026Welcome Remarks at Launch of the Social Exchange

    4 min
  2. Bank Indonesia 50bps Rate Hike, MAS Revokes Bsquared Payment Licence & Singapore Insider Trading Convictions — ASEAN RegWatch May 24, 2026

    May 25

    Bank Indonesia 50bps Rate Hike, MAS Revokes Bsquared Payment Licence & Singapore Insider Trading Convictions — ASEAN RegWatch May 24, 2026

    This week's ASEAN RegWatch  Covers 5 regulatory developments across Indonesia and Singapore - defined by monetary policy tightening & MAS enforcement action.In Indonesia, Bank Indonesia raised the BI-Rate by 50 basis points to 5.25 percent, with Deposit Facility and Lending Facility rates increased by the same margin. The central bank is intensifying foreign exchange intervention through non-deliverable forwards and spot transactions, raising yields on Bank Indonesia Rupiah Securities to counter capital outflows, and easing macroprudential policy via the Macroprudential Intermediation Ratio and Liquidity Incentive Policy from July and August 2026.In Singapore, The Monetary Authority of Singapore revoked the Major Payment Institution Licence of Bsquared Technology Pte Ltd effective May 14, 2026, under the Payment Services Act, prohibiting all digital payment token services. Bsquared must submit an auditor closure certificate confirming all customer monies are properly handled. MAS cited failures in regulatory integrity, risk management, and accuracy of information provided to the regulator.Also in Singapore, Two individuals were convicted under the Securities and Futures Act for false trading and insider trading. MAS and Singapore Police jointly prosecuted — confirming that market integrity breaches carry criminal consequences, not just civil penalties.At the regional level, The World Anti-Doping Agency signed a three-year Memorandum of Understanding with ASEAN to harmonise national anti-doping policies and support implementation of the 2027 World Anti-Doping Code across member states.Essential listening for CCOs, payment institution compliance officers, treasury and capital markets leads, and risk officers across Indonesia, Singapore, and the broader ASEAN region. Carver RegWatch delivers weekly regulatory intelligence across jurisdictions. Published May 24, 2026. For more information, visit the Carver Agents website. Also from Carver RegWatch this week: This Week in AI Regulations — EU AI Act high-risk classification guidelines, CNIL €487M record fines, China AI deepfake enforcementUSA Regulatory Updates — SEC novel ETF regulatory review, California Hermes Bitcoin kiosk enforcement, IOSCO AI supervisory toolkitEU Regulatory Updates — EU AI Act consultation deadline June 23, CNIL cybersecurity enforcement priorities 2026, EU Solidarity Fund climate allocationMiddle East RegWatch — OFAC Adani $275M Iran sanctions settlement, OFAC Amin Exchange designation, UAE Drupal CVE-2026-8495 cybersecurity alertIndia Regulatory Updates — RBI restricts Nagar Sahakari Bank, RBI cancels Yashwant Co-operative Bank licence, SEBI Investor Onboarding Regulatory SandboxGlobal Regulatory Briefing — Bank of England CCP resolution paper, Malta tokenisation consultation, ASIC sustainability reporting focus 2026-27Find all series at The Carver Agents Podcast Articles mentioned: BI-Rate Increased by 50 bps to 5.25%: Strengthening Stability, Supporting Economic GrowthTwo Individuals Convicted for Offences under the Securities and Futures ActFirst commenting round on a Detailed Review Paper on in vitro mammalian cell genotoxicity methodsSeventy-ninth World Health Assembly – Daily update: 19 May 2026MAS Revokes the Major Payment Institution Licence of Bsquared Technology Pte LtdBank Indonesia raises Bank Indonesia Rupiah Securities returns to counter capital outflowsWADA signs three-year memorandum of understanding with ASEAN

    3 min

  3. May 17

    [ASEAN] Regulatory Insights on DSIBs, Financial Advice & Striking Off

    This episode delves into recent regulatory developments across ASEAN, focusing on financial advice reforms, market authorisation updates, and significant regulatory measures affecting Domestic Systemically Important Banks (DSIBs). It also covers striking off procedures and legislative clarifications from Bank Negara Malaysia. Major updates include Singapore’s Monetary Authority introducing proposed Total Loss Absorbing Capacity (TLAC) requirements for local and foreign DSIBs to strengthen loss absorption and recapitalisation capabilities. Another critical update is MAS concluding consultations on enhanced Product Highlights Sheets and a streamlined framework for complex financial products, removing mandatory financial advice for most investors but retaining it for selected clients. Additionally, Singapore’s Official Receiver has issued a notice for the striking off of Global Paris Group Pte. Ltd. under the simplified winding-up programme, highlighting procedural timelines for objections and court applications. The Audit Oversight Board in Malaysia emphasizes the importance of accurate disclosures in annual reports to maintain investor confidence, while Bank Negara Malaysia provides a comprehensive overview of key financial legislation. For more information, visit the Carver Agents website. Articles mentioned: Consultation Paper on Proposed Total Loss Absorbing Capacity Requirements for Domestic Systemically Important Banks in SingaporeJakarta Bergerak Bersama, Pilah Sampah dari Sumber Jadi Budaya Baru Warga KotaAOB’s Oversight Activities – May 202615-May-2026 Notice of Striking Off for Simplified Winding Up ProgrammeUsing assessments from comparable overseas regulators for medical devicesSupervisory FrameworkMAS Concludes Consultation on Enhancements to Product Highlights Sheets and Streamlined Framework for Complex ProductsLaws Administered by BNMIndonesia advances plan to curb marine plastic pollutionIndonesia advances plan to curb marine plastic pollution

    4 min

  4. May 11

    [ASEAN] Key Regulatory Moves in SSM, Jakarta, BPR & Foreign Affairs

    This episode of Carver's ASEAN Regulatory Updates explores significant regulatory developments affecting sectors such as SSM enforcement in Malaysia, payment and objection processes in Indonesia’s BPR banking sector, and Jakarta’s environmental waste management policies. Key updates include the Indonesia Deposit Insurance Corporation (LPS) executing payments to depositors of PT BPR Koperindo Jaya and enabling objections for PT BPR Suliki Gunung Mas deposit guarantee statuses, enhancing depositor protection and transparency. In Jakarta, a new Governor Instruction mandates households to sort waste from the source starting August 2026, with Bantargebang Waste Processing Site limiting intake to residual waste only. Additionally, Malaysia’s SSM and Bank Negara Malaysia have jointly enforced actions against company secretaries for non-compliance with AMLA reporting obligations, highlighting the importance of regulatory adherence in corporate governance. The episode also discusses LPS’s preparation to activate a comprehensive insurance policy guarantee program aimed at stabilizing and growing Indonesia’s insurance market. For more information, visit the Carver Agents website. Articles mentioned: Pengumuman Pembayaran PT BPR KOPERINDO JAYA (DL) Tahap 2Untuk Masa Depan Jakarta, Pemprov DKI Ajak Warga Bersama Pilah Sampah dari RumahJoint Enforcement Action against a Company SecretaryPengumuman Keberatan PT BPR SULIKI GUNUNG MAS (DL)Bekas Setiausaha Syarikat Didenda RM50,000 Selepas Mengaku Salah Memberi Maklumat Palsu Kepada SSMMACQUARIE GROUP / LA CAISSE / MAPLE (May 4 Update)MACQUARIE GROUP / LA CAISSE / MAPLE (May 8 Update)TRAFIGURA / GM / LOS GUINDOS GENERACIONLula enacts Mercosur–European Union agreementPerkuat Kepercayaan Sektor Asuransi, LPS Persiapkan Penjaminan Polis

    3 min

  5. May 4

    [ASEAN] Key Regulatory Updates on Food Security, Investor Alerts & Tokenised Sukuk

    This episode covers significant regulatory developments across multiple sectors including the Companies Act 2016, food security measures within ASEAN, updates on Malaysia's Investor Alert List, and the launch of Malaysia’s first tokenised sukuk pilot. Listeners will gain insight into regional cooperation efforts and evolving financial regulations. Key updates include ASEAN Economic Community Council’s coordinated policies to mitigate risks from global energy and food supply disruptions, emphasizing maritime security and the ASEAN Plus Three Emergency Rice Reserve (APTERR). Malaysia’s Companies Act 2016 enforcement is highlighted by the recent criminal charge against a former company director for providing false information, underscoring compliance importance. Additionally, Malaysia’s Securities Commission has expanded its Investor Alert List with new unauthorized entities, warning investors to exercise caution. The episode also explores Khazanah Nasional Berhad’s pioneering tokenised sukuk pilot, leveraging distributed ledger technology to enhance market efficiency and investor protection. For more information, visit the Carver Agents website. Articles mentioned: Joint Statement of the ASEAN Economic Community Council - 30.04.2026AMAF Statement on Food Security - 29.04.2026Secretary-General Attends AEC Council Special Meeting via Videoconference - 30.04.202630.04.2026 - Bekas Pengarah Syarikat Didakwa Atas Kesalahan Memberi Maklumat Palsu Kepada PendaftarPayNow Nickname Feature to Cease from 6 June 2026 to Strengthen Protection Against Impersonation ScamsEnhancements to MAS’ Regulatory Framework To Facilitate Dual Listings on the Singapore ExchangeRSS feed of cases newly initiatedInvestor Alert List (as at 30/4/2026)Khazanah Leads Malaysia’s First Tokenised Sukuk Pilot in Collaboration with the SCInvestor Alert List (as at 27/4/2026)

    5 min

  6. Apr 27

    [ASEAN] Regulatory Insights on Inflation, Compliance & BPR Updates

    This episode covers pivotal regulatory developments influencing key sectors such as Nipocalimab, Compliance, Inflation, Initial Access List, and BPR within ASEAN. Listeners will gain insights on the Bangko Sentral ng Pilipinas' decision to raise the reverse repurchase rate by 25 basis points to 4.5%, signaling an end to the easing cycle and possible further hikes. Financial institutions must recalibrate lending and borrowing policies accordingly. Another major update includes the awarding of the Public Waste Collection Licence for Singapore’s Zone 6 Pasir Ris-Bedok sector to 800 Super Waste Management Pte Ltd, introducing a modernized fleet with electric trucks and expanded recyclables collection. In Indonesia, the Indonesia Deposit Insurance Corporation (LPS) has announced critical deadlines and processes for deposit guarantee payments concerning revoked banks such as PT BPR Bumi Pendawa Raharja, Perumda BPR Bank Cirebon, and PT BPR Sumber Usahawan Bersama, emphasizing phased payments, claim submissions, and dispute protocols. For more information, visit the Carver Agents website. Articles mentioned: Bangko Sentral ng Pilipinas raises rates, signals more hikesNew Public Waste Collection Licence for the Zone 6 (Pasir Ris-Bedok) Sector Commences 1 July 2026Pengumuman Pembayaran Atas Penetapan Status Penjaminan Simpanan Nasabah Penyimpan PT BPR Bumi Pendawa Raharja (DL) Tahap 3Pengumuman Pembayaran Atas Penetapan Status Penjaminan Simpanan Nasabah Penyimpan Perumda BPR Bank Cirebon (DL)Bedding supplier Emma Sleep to pay a total of $15m in penalties for misleading statements about sale pricesPengumuman Pengajuan Keberatan Nasabah Penyimpan atas Penetapan Status Penjaminan Simpanan Nasabah PT BPR Bumi Pendawa Raharja (DL)Bangko Sentral ng Pilipinas Discount Window Facility interest rates effective 27 April 2026Pengumuman Batas Waktu Pengajuan Klaim Penjaminan Simpanan Layak Dibayar Nasabah Penyimpan PT BPR Sumber Usahawan Bersama (DL)Notice of Extension: Public Consultation for the Initial Access ListKurzbericht Zulassung – Imaavy®

    3 min

  7. Apr 20

    [ASEAN] Strengthening Fiscal Sustainability and Regulatory Compliance Across ASEAN+3

    This episode covers significant regulatory developments impacting the ASEAN+3 region, including key initiatives in fiscal sustainability, banking, insurance, and corporate compliance. Notably, the ASEAN+3 economies are prioritizing stronger fiscal management to address emerging risks and structural headwinds through credible fiscal anchors and improved spending efficiency. Indonesia's Deposit Insurance Corporation (LPS) is launching a Public-Private Partnership program to enhance insurance industry resilience, focusing on risk-based premiums and advanced resolution strategies. Additionally, the Philippines is offering loan payment grace periods and regulatory relief amid an energy emergency, supporting borrower recovery and financial sector stability. Jakarta’s Companies Commission has introduced a Compliance Clinic and Recovery Campaign to boost corporate governance and facilitate statutory document submission. For more information, visit the Carver Agents website. Articles mentioned: ASEAN+3: Navigating Emerging Risks and Structural Headwinds Through Stronger Fiscal ManagementFiscal policy in ASEAN+3: Strengthening fiscal management amid emerging headwindsResilience and Policy Flexibility in ASEAN+3: Navigating the New Energy ShockASEAN+3 Fiscal Policy Report 2026Pengumuman Pembayaran Atas Penetapan Status Penjaminan Simpanan Nasabah Penyimpan PT BPR Sungai Rumbai (DL)PPP LPS Siap Membangun Ekosistem Asuransi Yang Tangguh di IndonesiaKepala BPOM Tekankan Kebijakan Gizi dan Ketahanan Obat Nasional dalam Rakor KKSK Triwulan I 2026BPOM Terbitkan Aturan Baru untuk Teh, Olahan Tepung Siap Konsumsi, Sosis, Bakso Daging hingga Minuman SerbukBSP extends regulatory relief to BSFIs amid energy emergency13/04/2026 - SSM Perkenal Klinik Pematuhan Dan Kempen Pemulihan Serah Simpan Dokumen Statutori, Bantu Syarikat Tingkatkan Tahap Pematuhan

    5 min

  8. Apr 13

    [ASEAN] Key Regulatory Shifts in Health, Finance, and Cybersecurity Sectors

    This episode covers vital regulatory developments affecting cybersecurity, financial deposit insurance (penjaminan), etomidate substance control, public health initiatives, and tuberculosis elimination efforts across ASEAN countries. Major highlights include Indonesia's National Agency of Drug and Food Control (BPOM) authorizing measles vaccines for adults, prioritizing healthcare workers and high-risk groups to strengthen immunization coverage. Additionally, Indonesia launches an extensive free health check program targeting 130 million people to accelerate tuberculosis early detection and treatment. In the financial sector, Indonesia's Deposit Insurance Corporation (LPS) manages the liquidation and deposit insurance payments following the revocation of PT BPR Sungai Rumbai's business license. Depositors must comply with LPS’s verification processes to claim their deposits within stipulated timelines. Singapore has stepped up enforcement by charging an individual for alleged trafficking of etomidate vaporiser pods amid new regulations classifying etomidate as a Specified Psychoactive Substance. Furthermore, leading firms in Singapore have committed to enhancing cybersecurity and data protection practices through voluntary undertakings. For more information, visit the Carver Agents website. Articles mentioned: KLB Campak 2026, BPOM Beri Izin Penggunaan Vaksin untuk DewasaSetiap 4 Menit Satu Nyawa Melayang, Pemerintah Genjot Deteksi Dini dan Pengobatan TBMalaysia prepares carbon pricing rollout07.04.2026 - Pengumuman Tindak Lanjut Cabut Izin Usaha PT BPR Sungai Rumbai07.04.2026 - LPS Siapkan Pembayaran Simpanan Nasabah BPR Sungai RumbaiHSA Charges 18-Year-Old for Alleged Trafficking of Etomidate Vaporiser Pods07.04.2026 - Pengumuman Pembayaran Status Penjaminan BPR Pembangunan Nagari (DL)106 - 09.04.2026 - Meinhardt (Singapore) Pte Ltd107 - 09.04.2026 - Asia Properties & Assets Consultancy Pte LtdBPOM dan Bareskrim Polri Bongkar Peredaran Ilegal Gas Tertawa di Cengkareng

    5 min
See All (18)

About

Regulatory news, updates, and insights for countries in the ASEAN region presented by the Carver Agents team

Information

  • Creator
    Carver Agents
  • Years Active
    2K
  • Episodes
    18
  • Rating
    Clean
  • Copyright
    © 2026 Carver Agents
  • Show Website
    Regulations Across ASEAN