The Indian Finance Ministry has established regional debt recover tribunals to help relieve state-owned banks of non-performing loans; China has eased round trip investment rules and establishes three new private ...
The Reserve Bank of India has exempted long-term infrastructure bonds from reserve ratio calculations; The OECD has released the global format for tax exchange standards needed for FATCA; Hong Kong and Singapore test ...
China adjusted loan-to-deposit ratio calculation rules for the first time in 19 years, a measure economists calculate will free up about Rmb1.25 trillion.
The PBOC has issued a directive to banks releasing targeted industries from inclusion in Chinese banks' loan to deposit ratios:The Philippines has clarified its value added tax rebate process; and Taiwanese banks ...
China’s Ministry of Commerce has issued new rules that lower the market entry level for foreign invested enterprise, easing bureaucracy for treasurers and finance teams dealing with foreign debt quotas.
Technoform raised a Rmb10 million loan from ICBC in a Chinese-Singaporean pilot initiative that bypasses foreign debt quotas. At least four other companies are following suit.
Singapore's MAS pushes renminbi liquidity measures and cooperation with China's PBOC; The Philippine' senate has approved a bill allowing 60% foreign bank ownership; Vietnam's central bank proposes fees for cash ...
China’s PBOC will allow cross-border renminbi pooling for multinational corporates, though the need for distinctions between onshore and offshore renminbi for corporate treasurers remains.