Compliance in emerging markets might be getting easier, but it can still be a minefield for the uninitiated. Here are the top compliance trends in Asia’s most complex regulatory regimes.
Corporates facing bankruptcy in India will get a second chance before landing in insolvency court after RBI approves ‘provisional ratings’ based on restructure agreements.
The central bank seeks to establish a list of commodities that can be hedged by all companies with direct exposure. In step, it also plans to allow greater FX hedging activity.
India's central bank follows up an initiative to develop financial markets by simplifying how non-resident companies with less than $ 30 million of exposure do their hedging.
TMS startup IBSFINtech – launched by three former bankers as a retirement project – is now looking at expanding outside India with units in Dubai and Singapore
Foreign exchange, derivatives and other money market instruments are in the sights of the Reserve Bank of India which has announced a framework for electronic trading platforms.
The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.