Regulatory roundup: China allocates regulators for online banking; India and Sri Lanka sign currency swap agreement; Basel revises guidance on account opening
China’s new rules on foreign CPAs auditing overseas listed Chinese companies will change the shape of auditing in China, but ultimately brings it in line with international standards.
Surveys show 74% of corporates with renminbi exposures cite CIPS delays as their most important regulatory concern, while others identify deregulation.
China has further simplified outbound and inbound investment regulation in China; Alibaba has been "ordered" out of Taiwan for disguising Chinese ownership of its Taiwan entity; The Reserve Bank of India has ...
The China Banking Regulatory Commission (CBRC) issued draft rules intended to curb entrusted loans; Indonesia's legislature intends to continue to cap foreign banks, while seeking lower capital requirements in ...