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Regulator issues fines for 20 breaches of currency regulation in a growing sign enforcement is broadening and fines becoming heavier.
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
The leading cross-border payments co-operative is taking a long hard look at the technology that could replace it: blockchain.
New restrictions on masala bonds issuance might be a headache for MNCs but others see it as welcome tightening of restrictions.