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.
SFTZ tightens grip on x-border investment and fund transfers * China suspends net outflow of RMB cash pools * PBoC’s u-turn on digital currency * Thailand plans on improving regulations to international standards * ...
*PBoC reportedly ordered offshore RMB clearing banks to halt cross-border financing
*India finance minister encourages banks to take over defaulting companies
* China MNCs better start getting used to IFRS
* And more…
Bangko Sentral ng Pilipinas (BSP) is instituting reforms to make its private banking sector more responsive to central rate cuts; China's Insurance Regulatory Commission (CIRC) has liberalised its pricing system for ...
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
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.
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 ...
Regulatory roundup: China to price and settle crude oil futures in renminbi; Indonesia prepares for SMEs to list on stock exchange; China lifts oil import rules.