Accounts Payables / ReceivablesAutomation and connectivityBanking and service providersBig dataCapital marketsCentralisationClearing and settlementCounterpartyCredit and CommoditiesCredit facilitiesDeposit management / InvestmentDigital and Mobile bankingForecastingForeign exchangeIn-house bankingInterest ratesLiquidity and cash flowPayment cardsPayment factoriesShared service centresStraight-through processingSupply chain managementSystemsTrade financeTreasurers and CFOs
The India Banks Association wants to create a lenders’ consortium to monitor their own debt and ensure borrowers are adhering to pre-agreed rules and patterns.
*CFETS announces list of participants allowed in interbank RMB trading
*China issues rules to clean up P2P lending
*MAS proposes National Payment Council
*RBI announces rules on group exposure framework
The Reserve Bank of India has further pushed its plan to get the whole country’s payment and settlement system onto an electronic platform. But the plan, called Vision 2018, does not oblige companies to comply.
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update
India’s central bank introduces a new scheme to deal with non-performing assets, allowing lenders to divide borrowers’ debt into sustainable debt and equity instruments.