The People's Bank of China issued a consultation paper on its deposit insurance scheme; Macau, Cambodia, and the Philippines will be treated as FATCA compliant, sign new IGAs; Australia will delay its Real Time Gross ...
Raymond Tse, formerly on the finance and IT team with UBS, has joined AxiomSL in Singapore as its new CFO and chief operating officer for Asia-Pacific.
Australia and China have signed an unprecedented free trade agreement that breakdowns nearly all tariffs and trade barriers; Thailand and Hong Kong have progressed on FATCA implementations; Singapore and Taiwan will ...
China and Russia sign a slew of finance and trade deals, including a Rmb150 bln swap agreement; The HKMA courts Thai renminbi business with special promotions for the Chinese currency; China's Ministry of Finance ...
China's State Administration of Foreign Exchange (SAFE) has replaced or eliminated a total of 34 foreign exchange documentary rules; Hong Kong announced several initiatives to position itself as a renminbi trading ...
The China Banking Regulatory Commission (CBRC) implemented measures to eliminate the two-tiered regulatory system between foreign and domestic banks; Hong Kong's Financial Services and Treasury will put in place ...
A newly completed electronic letter of credit over essDocs slashed document processing times, in both beneficiary and advising banks, as well as corporates.
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 ...