The People's Bank of China launches RMB/EUR trading; the Hong Kong financial system weathers protests; and the Reserve Bank of India consults on new regulatory philosophy.
The Supreme Court of the Philippines suspended a Bureau of Internal Revenue regulation requiring increased disclosure in the country; The Reserve Bank of India revised regulations to increase credit in the Indian ...
ASEAN institutions have introduced several new facilities that increase access to inter-regional funding with the region; The Reserve Bank of India has added payment verification processes for credit cards; and China ...
The PBOC has issued a directive to banks releasing targeted industries from inclusion in Chinese banks' loan to deposit ratios:The Philippines has clarified its value added tax rebate process; and Taiwanese banks ...
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
Singapore's MAS pushes renminbi liquidity measures and cooperation with China's PBOC; The Philippine' senate has approved a bill allowing 60% foreign bank ownership; Vietnam's central bank proposes fees for cash ...
Recent tweaks to FX laws have caught treasurers by surprise. With increased anxiety about currency speculation and volatility, expect to see more in Asia-Pacific.
Following changes barring import/export netting, treasurers operating in the Philippines have expressed concern that alternative methods impede their ability to manage their peso exposure.