More corporates could have the right to behave like banks in India; Australia will lower IR futures and OTC trade fees; MAS to get strict on benchmark standards
Six new enforcement agencies will be set up in India to help banks recover debt by selling the defaulter’s asset. The move is a sign of the new government’s harsher stance on bad loans.
Hong-Wei Electrical Industry finance manager Yang Bozan shares his lessons learnt on asset protection and recovery after his newly built factory in Vietnam was damaged in riots.
A new international accounting rule focused on asset impairment will force companies to review how they report expected losses on receivables and debt security investments.
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 ...
The Reserve Bank of India has exempted long-term infrastructure bonds from reserve ratio calculations; The OECD has released the global format for tax exchange standards needed for FATCA; Hong Kong and Singapore test ...