It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
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
Treasurers have long been frustrated by bureaucratic, protectionist rules from New Delhi; the latest reforms raise hopes the Modi government will deliver better.
*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