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Treasurers are finding alarming discrepancies in how they are charged for bank services and are pushing for transparent billing.
China kicks off direct kiwi dollar/RMB trading; OECD's transfer pricing standards; Singapore to create RMB RTGS system
India sets up weekly rupee bill auction to quell FX weakness; Japan's PM hints at corporate tax cuts; China makes it easier to bail out banks
Outdated legal barriers and licensing laws are unsuited for payment apps, and the markets that provide them.