Negotiable instruments, which include cheques, certificates of deposit and promissory notes, among other things, promise a sum of payment to a specified person.
Tandem's digital platform offers a full suite of market-leading retail banking services, including deposits, mortgages, loans and credit cards combined with an integrated money management service offering.
And Indonesia and Vietnam generated 20 per cent of the region's private equity deal value over the past five years, and that percentage is likely to grow, said Bain.
In April, the securities regulator said overseas companies could start applying for majority control of mutual-fund firms, with no revision to existing rules necessary.
Malaysia, which has a majority Muslim population, is a pioneer in the development of an Islamic capital market and has a well-developed Islamic finance industry.
If it were to hedge against currency risk for even a small portion of its 68.8 trillion yen holdings of foreign assets, the value of the yen would shoot up, making Japanese goods more expensive and reducing the value of income repatriated from abroad.