The People's Bank of China pledges assets to refinance certain municipalities under a new pilot scheme; Singapore locks in benefits for Suzhou and Tianjin treasury centres; While new details leaked on HKMA’s treasury ...
The HKMA scraps renminbi clearing bank requirements for repo transactions; Korean regulator promises lower foreign bank barriers; Safe reforms foriegn debt policies for non-Chinese MNCs.
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
Citi failed to force Mercuria Energy to stump up $270 million, but the crucial UK High Court ruling over metals financing will provide comfort for trade finance banks in China and users of repo agreements alike.
China's Securities Regulatory Commission plots expanded scope for money market funds; the OECD is targeting Permanent Establishment rules for transfer pricing; The Reserve Bank of India is rewarding prompt fraud ...
The People's Bank of China cut the renminbi benchmark lending and deposit rates, while further liberalising market limits; The State Bank of Vietnam’s raised the USD/VND exchange rate; India's new electronic Know ...