HK crackdown on fake China trade invoices; PBoC/CBRC release bill financing rules

Hong Kong cracks down on fake trade invoices from China; PBoC/CBRC release bill financing rules; US adopts measures against tax evasion; PBoC permits broader access to interbank RMB bond market; FASB issues narrow-scope improvements to new revenue standard; RBA sets up benchmark on cash rate investment; and much more…