China threatens jail over underground banks; China venture capital shrinks; unprofitable tech firms will get to list; MAS to consult on guidelines on bank outsourcing
As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
Shanghai drafts rules for its ‘Nasdaq-style’ tech board, Philippines sets new rules on cryptocurrencies, Malaysia fines Deloitte over 1MDB, ISDA warns on regulatory fragmentation
As policy makers begin to roll back almost a decade of cross-border cooperation in Asia Pacific regulation, corporate treasurers will need a fragmented approach
In terms of accounting standard changes, IFRS 16 represents something of a big bang. However, a new survey shows corporates in Asia are behind in implementation
China tightens reins on blockchain; Singapore to limit e-wallet size; China increases QFII quota; Philippines and Singapore join forces on derivatives; Basel slashes bank capital requirements