Regulatory roundup: China's special FTZ accounts; SK eases IPO burdens
China will allow residents in the Shanghai Free Trade Zone to set up free trade accounts denominated in renminbi and foreign currencies; South Korea will make Initial Public Offerings easier.
China proposes special accounts to exchange yuan in Shanghai zone
China’s People’s Bank of China (PBOC) released an “opinion” covering 30 detailed instructions of financial support in the Shanghai Free Trade Zone (FTZ) on December 2.
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