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.
Singapore’s Global Fintech Hackcelerator is one of the most closely watched fintech awards in Asia Pacific. CT selects four finalists that have the most to offer corporate treasurers.
As Chinese outbound investment restrictions bite, HNA Group faces a know-your-customer meltdown. Is transparency the only option for China’s corporations?
*China outlines debt-for-equity swap plan
*Hong Kong to set up financial enforcement teams
*Basel Committee reports progress in finalising global regulatory framework
*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
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.