[ASEAN] Key Regulatory Updates on Taxonomy, Reporting, and Cybersecurity

March 9
5 mins

Episode Description

This episode of Carver's ASEAN Regulatory Updates delves into significant regulatory changes across taxonomy, prudential reporting, capital adequacy, striking off, and regulatory sandbox sectors. Listeners will gain insight into enhanced governance frameworks, sustainability mandates, and cybersecurity standards shaping the ASEAN financial landscape.

Key updates include the Bangko Sentral ng Pilipinas raising the cash withdrawal threshold triggering enhanced due diligence and revising its regulatory reporting governance framework to ensure data integrity and timely submissions. In Malaysia, the Labuan Financial Services Authority unveiled its 2026 regulatory plan focusing on capital adequacy and embedding climate risk management within governance structures. Additionally, the Securities Commission Malaysia launched a consultation on a new, detailed Malaysia Taxonomy for Sustainable Finance aligned with ASEAN and international standards.

Singapore's Cyber Security Agency announced mandatory tiered Cyber Trust Mark certification levels for critical and non-critical infrastructure owners and auditors, with deadlines through 2026 and 2027. The Monetary Authority of Singapore issued guidelines on environmental risk management, emphasizing forward-looking transition planning for banks, insurers, and asset managers to address climate-related risks responsibly.

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Articles mentioned:

  1. Statement of the Forty-fourth Meeting of the Polio IHR Emergency Committee
  2. 1231
  3. SW 12/2024 - 06-Mar-2026 - Notice of Striking Off for ING Gourmet Pte Ltd
  4. CSA to Raise Cybersecurity Standards for Critical Information Infrastructure Owners
  5. BSP, itinaas sa P1-M ang halaga ng cash withdrawal na mangangailangan ng masusing pagsiyasat
  6. 02 Mar 2026 - Call for Feedback: Malaysia Taxonomy for Sustainable Finance
  7. Senior Minister of State, Tan Kiat How, Committee of Supply 2026 Speech, Safeguarding our Digital Space in a Digital Age
  8. Labuan FSA Regulatory Plan for 2026
  9. 05.03.2026 - Shaping a stronger future for the Asia Pacific
  10. MAS Sets Supervisory Expectations on Financial Institutions for Transition Planning Practices in addressing Environmental Risk
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