Malaysia will adopt a daily rate for the ringgit against the US dollar in an attempt to promote domestic financial markets in line with global best practices.
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update
*Malaysia establishes fintech group
*Singapore builds "sandbox" for fintech
*UK warns on burdens to fintech companies
*Europe wants hands off on blockchain
The Securities Commission Malaysia has released draft proposals requiring companies to create independent audit committees capable of reviewing their financial statements.
Bank Indonesia adopts new interest rate framework; Malaysia opens up to P2P lending for corporates; PBoC sets repatriation rules for interbank bond and FX markets; Safe may cut inbound foreign investment quota; New ...
Leaked documents from Panamanian law firm Mossack Fonseca have already taken down political leaders. What risks should Asian corporates watch for? CT speaks to three leading experts on the matter.
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; ...