The People's Bank Of China implements the country's first national deposit insurance scheme; Canada will develop RMB clearing, asset classes, and risk management tools; The Shanghai International Energy Exchange ...
Reliance Industries, Aditya Birla Group, and Bharti Enterprises rushed to make a deadline to apply for bank licences in India; China's State Administration of Foreign Exchange has expanded pilots for cross-border ...
Australia and China have signed an unprecedented free trade agreement that breakdowns nearly all tariffs and trade barriers; Thailand and Hong Kong have progressed on FATCA implementations; Singapore and Taiwan will ...
China's State Administration of Foreign Exchange (SAFE) has replaced or eliminated a total of 34 foreign exchange documentary rules; Hong Kong announced several initiatives to position itself as a renminbi trading ...
The Indian Finance Ministry has established regional debt recover tribunals to help relieve state-owned banks of non-performing loans; China has eased round trip investment rules and establishes three new private ...
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.