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Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
From China to Indonesia, Korea and Japan, 2018 will see a changing of the regulatory guard. Will it make a real difference or is it a case of plus ca change?
Experience might be the best teacher, but when it comes to new accounting standards everyone is in uncharted territory. CT asked Indonesia’s largest telco how it was managing the transition to IFRS15
Indonesian accounting bodies have reaffirmed their commitment to fully converge with international reporting standards, but a lack of qualified accountants in the country could pose problems.
Banking integration is widely seen as an obstacle to a truly united Asean economic community, but Indonesia, Malaysia and the Philippines have made progress on the issue.
China's Central Leading Group for Deepening Overall reform signaled a long-term plan for the 'negative list' policy in regulating foreign companies; Direct rupiah-RMB transactions proposed for China-Indonesia trade; ...
Regulatory roundup: The PBoC relaxes capital account control by allowing onshore RMB conversion; China’s congress vote removes loan-to-deposit ratio requirement; RBI discloses D-SIB list, with additional common ...