As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.
Hong Kong enables Islamic bonds to be issued; China's banking regulator pushes for Basel III standards; Myanmar's FX policy gets thumbs up from Standard Chartered
Scandal-hit Libor sold for $1.50 to NYSE Euronext; China announces 10 key financial policy measures: India bans banks from prop trading on currency derivatives.
The Corporate Treasurer announces its first ever annual Alliance Awards, recognising the extraordinary efforts and innovations of select service providers to treasurers and CFOs in Asia-Pacific.
Indicator of confidence in trade finance is modestly up in Asia, according to a recent study commissioned by HSBC, but it’s debatable how useful the index is.