Big tax cuts and a Trump spending splurge are set to keep the dollar strong, FX experts say, while the shock election result is unlikely to derail a December rate hike.
*China outlines debt-for-equity swap plan
*Hong Kong to set up financial enforcement teams
*Basel Committee reports progress in finalising global regulatory framework
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
HKMA releases circular on cybersecurity rules; CFTC to expand hedging exemptions in limits amendment; China dumped market-based mechanism for RMB in Jan; SEBI applies KYC norms to ODI issuers; and much more…
China suspends registry of all financial related companies; China to legislate credit law to crack down on defaults; CBRC asks banks to inspect bills of exchange; Taiwan ups ante on FX clearing; Japan FSA and CPAAOB ...