China backs away from new e-commerce rules; China clarifies tax position for foreign bond holders; AML probe deepens on Japanese bank; RBA takes aim at bank profits; MAS grants first private securities platform licence
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
Toshiba’s reform of its audit committee came too late to save the firm’s reputation for fiscal probity. Other Japanese firms need to take note and avoid a similar fall from grace.
Low-level bankers who can only say no will make way in age of automation, panel hears – leaving talented seniors to make decisions for key customers such as corporations.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
