*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
The Securities Commission Malaysia has released draft proposals requiring companies to create independent audit committees capable of reviewing their financial statements.
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; ...
PBoC changes deposit reserve calculation for banks; APEC ministers commit to standard tax and trade barriers; Basel III monitor shows banks largely compliant
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 ...
The Hong Kong Monetary Authority has set final leverage ratio standards for financial institutions; The Monetary Authority of Singapore revised anti-money laundering rules; and China eliminates export tariffs on metal