Singapore has created a panel to advise the Monetary Authority of Singapore on fintech developments, but companies will not be able to access the panel to share or receive advice outside of designated meetings.
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
Japan is more likely than ever to use fiscal policy to stimulate its markets now that the Liberal Democratic Party has majorities in both houses of the legislature.
Commodities are unlikely to enter a full-on bull market phase in 2017, but are still expected to present buying opportunities for investors and treasurers.
The Hong Kong Monetary Authority has launched the Infrastructure Financing Facilitation Office in a bid to secure itself as the top financing hub in the world.
The Reserve Bank of India has further pushed its plan to get the whole country’s payment and settlement system onto an electronic platform. But the plan, called Vision 2018, does not oblige companies to comply.
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update