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As part of its exchange control liberalisation, Sri Lanka has relaxed certain restrictions on foreign currency accounts to make it easier for funds to flow in and out of the country.
Regulatory roundup: China allocates regulators for online banking; India and Sri Lanka sign currency swap agreement; Basel revises guidance on account opening
ASEAN institutions have introduced several new facilities that increase access to inter-regional funding with the region; The Reserve Bank of India has added payment verification processes for credit cards; and China ...
China will allow residents in the Shanghai Free Trade Zone to set up free trade accounts denominated in renminbi and foreign currencies; South Korea will make Initial Public Offerings easier.
China and Singapore have been left off a new list of countries exempted by the US from oil trade with Iran. The decision appears to be made based on the reduced volume of trade conducted, but the US has been cagey to ...