FATF releases report on HK anti money laundering framework effectiveness; India central bank directs banks to refer to external benchmarks; MAS kicks off digital bank application process; MAS puts together committee ...
The concept of central bank digital currencies are gaining ground, with the recent unveiling of plans by a Facebook-backed collective sending regulators scrambling to erect an alternative that has official legitimacy
*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 opens interbank money market to foreign FIs
*OECD finalising BEPS multilateral instrument
*PBoC appoints RMB clearing banks in US, Russia
*China begins direct trading of RMB, Saudi riyal and UAE dirham
*CFETS announces list of participants allowed in interbank RMB trading
*China issues rules to clean up P2P lending
*MAS proposes National Payment Council
*RBI announces rules on group exposure framework
*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
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 ...
Safe eases FX restrictions; FASB proposes changes in restricted cash standards; PBoC expands X-border financing management nationwide; Korea offers tax incentives for R&D; China replaces business tax with VAT; US Fed ...