Indian banks given power to own defaulting companies; Bank Indonesia uses fines and foreign exchange regualtions to tackle declines in rupiah; Hong Kong banks are targeted for Anti-Money-Laundering violations
Perusahaan Listrik Negara, signed a BI mandated foreign exchange line facility with Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia; The State Council of China will tighten capital adequacy requirements ...
The People's Bank Of China implements the country's first national deposit insurance scheme; Canada will develop RMB clearing, asset classes, and risk management tools; The Shanghai International Energy Exchange ...
Hong Kong levels systemically important hammer; PBOC will continue RMB liberalisation apace; RBI scrutinises outsourced cash management for timeliness; Indonesia will open finance, communications, and transport to ...
China set to launch international payments system by Q3; Indonesia makes bold tax bid to cull deficit and boost rupiah; China plots to open banking sector to private firms