The lifting of Iran’s sanctions presents new opportunities for banks. Some are interested in going in Iran and some are not. CT investigates who is in and out.
The PBoC to change RRR requirements * SEBI plans curbing certain derivative’s volatility * Thailand may curb crowdfunding * The U.S. and Europe lifts some sanctions on Iran * HKMA announces CCyB * And more….
* China finally gears up to full capital account convertibility – selecting the SFTZ as the testing bed *Korea won and renminbi set to trade directly
*HSBC reportedly to move OTC trades book
*And more…
China's Central Leading Group for Deepening Overall reform signaled a long-term plan for the 'negative list' policy in regulating foreign companies; Direct rupiah-RMB transactions proposed for China-Indonesia trade; ...
The HKMA scraps renminbi clearing bank requirements for repo transactions; Korean regulator promises lower foreign bank barriers; Safe reforms foriegn debt policies for non-Chinese MNCs.
Regulatory roundup: ISO revises currency codes - rules out bitcoin; Japan establishes council to enforce corporate governance code; Philippines issues guidance on separation of clients' assets