China steps up anti-corruption drive; Singapore sets AI guidelines; Myanmar permits foreign banks to lend locally; India’s SEBI shortlists seven for surveillance work; Singapore’s token efforts
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Hong Kong’s securities regulatory chief Carlson Tong Ka-shing may be on the way out, but he has signalled that cryptocurrencies have a future in the city even if there’s still a long road ahead for crypto compliance
China squares up to bond villains; India allows foreign corporates to deal in commodity derivatives; MAS moves on enforcement; China, Singapore deepen fintech ties; Malaysia eases sukuk regulations.
Corporate treasurers and CFOs are backing a weaker renminbi in 2019, betting the People’s Bank of China will weaponise the currency to fight the escalating trade war.
Corporate treasuries in the firing line of the second salvo of US-imposed tariffs must now dodge China’s response. Is it time to create separate risk management departments?
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
Events at Alibaba and JD.com have put the arcane but ubiquitous Chinese corporate legal structure in the news; how safe are they for foreign corporates and is change in the air?
As trade tensions deepen, charting a path through increasingly desynchronised economies is becoming more difficult. Citi’s lead Asia economist tells CT what treasurers need to prepare for.