Reg roudup: CBRC eliminates two-tiered regulatory system for foreign and domestic banks; HK supports tax info exchange; IASB lease rules closed for comment

The China Banking Regulatory Commission (CBRC) implemented measures to eliminate the two-tiered regulatory system between foreign and domestic banks; Hong Kong's Financial Services and Treasury will put in place automatic tax exchange systems by 2018; and the IASB has closed new lease accounting rules from comment