*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…
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; ...
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.
Perusahaan Listrik Negara, signed a BI mandated foreign exchange line facility with Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia; The State Council of China will tighten capital adequacy requirements ...
China set to launch international payments system by Q3; Indonesia makes bold tax bid to cull deficit and boost rupiah; China plots to open banking sector to private firms
China has further simplified outbound and inbound investment regulation in China; Alibaba has been "ordered" out of Taiwan for disguising Chinese ownership of its Taiwan entity; The Reserve Bank of India has ...
The China Banking Regulatory Commission (CBRC) issued draft rules intended to curb entrusted loans; Indonesia's legislature intends to continue to cap foreign banks, while seeking lower capital requirements in ...