*Singapore and Korea team up on fintech
*CFTC proposal offers comfort to non-US entities
*Philippine SEC to regulate shadow banking lending rates
*FASB updates rules on intra-entity asset transfer
*China tax bureau outlines new rules for export tax rebates
*Singapore sets out new guidelines for outsourcing risk management to FIs
*MAS recognises innovation in fintech
Britain and South Korea have agreed to help boost investment in financial technology companies, a move expected to hasten blockchain’s arrival in the mainstream.
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime
*RMB-KRW direct trade starts
*Hong Kong launches RMB indices
*China and Russia ink RMB clearing deal
*Singapore to include RMB in Official Foreign Reserves
Indonesian accounting bodies have reaffirmed their commitment to fully converge with international reporting standards, but a lack of qualified accountants in the country could pose problems.
RBI to place ceiling on corporate borrowing; China joins multilateral treaty to share MNC tax info; BSP narrows interest rate corridor; Swift notifies another malware found at the user end; RBI allow FPOs to invest ...
The Korean government has announced a series of R&D-related tax reductions in an effort to ignite economic growth. This will benefit high-tech companies but CFOs need to assess the financial implications.