*China outlines debt-for-equity swap plan
*Hong Kong to set up financial enforcement teams
*Basel Committee reports progress in finalising global regulatory framework
Britain and South Korea have agreed to help boost investment in financial technology companies, a move expected to hasten blockchain’s arrival in the mainstream.
Financial organisations have voiced concerns about proposed changes to Basel III, including changing the way notional pooling is treated, and treasurers are rightly concerned.
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.
China suspends registry of all financial related companies; China to legislate credit law to crack down on defaults; CBRC asks banks to inspect bills of exchange; Taiwan ups ante on FX clearing; Japan FSA and CPAAOB ...
Leaked documents from Panamanian law firm Mossack Fonseca have already taken down political leaders. What risks should Asian corporates watch for? CT speaks to three leading experts on the matter.