While school’s out for the summer for most of Southeast Asia, Thailand’s SEC wants companies to disclose CFOs’ education and work experience to ensure they are up to speed with the latest financial developments.
Hong Kong cracks down on fake trade invoices from China; PBoC/CBRC release bill financing rules; US adopts measures against tax evasion; PBoC permits broader access to interbank RMB bond market; FASB issues narrow-sco...
Safe eases FX restrictions; FASB proposes changes in restricted cash standards; PBoC expands X-border financing management nationwide; Korea offers tax incentives for R&D; China replaces business tax with VAT; US Fed ...
Chongqing launches RMB programme with Singapore; Swift and CIPS to cooperate on cross-border interbank payment system; Singapore drops RTC tax rate to 8%; India and Sri Lanka sign $700m currency swap deal; SGE and ...
The People's Bank of China (PBOC) reportedly drafts rules for 'Tobin tax' on FX transactions; South Korea’s FSC announces plans for corporate restructuring; The PBOC considers allowing banks to swap debt for equity; ...
China to push for corporate direct financing * RBI eases requirements for banks to turn loans into staes * Korea FSC eases corporate listing rules * KRX looks to enable share trading through blockchain * And much ...
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.