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: Vietnam opens non-performing loans market to foreign investors; China's foreign exchange unit inks deal with CME Group; Europe and Vietnam agree on free trade deal
Vietnam Bank for Agriculture and Rural Development has signed up for Swift’s Know Your Customer (KYC) Registry. Similar initiatives could help treasurers get onboarded with banks faster.
China's State Administration of Foreign Exchange revises assessment methods on banks in FX compliance; Non-Chinese firms permitted for data and transaction processing; Hong Kong Monetary Authority extends operating ...
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