The HKMA scraps renminbi clearing bank requirements for repo transactions; Korean regulator promises lower foreign bank barriers; Safe reforms foriegn debt policies for non-Chinese MNCs.
Regulatory roundup: The PBoC relaxes capital account control by allowing onshore RMB conversion; China’s congress vote removes loan-to-deposit ratio requirement; RBI discloses D-SIB list, with additional common ...
Tan Siew Meng has been appointed as HSBC’s new regional head of global trade and receivables finance. She was previously the CEO of its Thailand operations.
Deadlines for FATCA submissions on 2014 data have been pushed back in Singapore, while compliance experts say the complexity of intergovernmental agreements (IGAs) will cause broader delays across Asia.
China has further simplified outbound and inbound investment regulation in China; Alibaba has been "ordered" out of Taiwan for disguising Chinese ownership of its Taiwan entity; The Reserve Bank of India has ...
HSBC has promoted Kee Joo Wong tohead of payments and cash management for Asia-Pacific. He replaces John Laurens, who took up the top transaction role at DBS.
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.
China and Russia sign a slew of finance and trade deals, including a Rmb150 bln swap agreement; The HKMA courts Thai renminbi business with special promotions for the Chinese currency; China's Ministry of Finance ...