SWIFT has created a global know-your-customer (KYC) compliance registry geared to centralise financial data for regulatory purposes that will go live this year. Transaction bankers, however, have offered caution over ...
The Singapore Inland Revenue Authority (IRAS) has provided guidelines on how to tax the use of bitcoin; Myanmar's central bank will allow foreign banks in the country; Alipay enlists Taiwan banks.
Dover Corporation and Roche China are ready to take advantage of currency liberalisation from the Shanghai Free Trade Zone (FTZ) through two-way renminbi sweeping.
The PBOC introduces trading in negotiable certificates of deposit; 159 countries sign the the Bali Trade package to break down trade barriers; and the FTA gives input on systemic risk in Australia.
China signs depositor protection MOU with US; Singapore publishes final derivatives reporting rules; Foreign Companies can trade equity in China’s “third bourse”
CT takes a closer look at the Kunshan pilot programme, a cross-strait, renminbi-lending plan aimed at easing investment and renminbi cash management from Taiwan.
CT reveals how banks in Asia are performing in the areas of tax and regulatory advisory, foreign exchange, interest rates, securities services, and technology.