Big tax cuts and a Trump spending splurge are set to keep the dollar strong, FX experts say, while the shock election result is unlikely to derail a December rate hike.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime
RBI has granted approval to Swift India to private messaging services for domestic banks in India; China and Singapore continue talks on FTA this year; RBI publishes its KYC rules; MAS reviews structuring of credit ...
The PBoC to change RRR requirements * SEBI plans curbing certain derivative’s volatility * Thailand may curb crowdfunding * The U.S. and Europe lifts some sanctions on Iran * HKMA announces CCyB * And more….
Since the central bank dramatically changed the way it values the dong, treasurers have been warned to become proactive about monitoring and managing new risks associated with it.