China gets tough on underperformers; China curbs private schools; Indonesia to launch blockchain platform; MAS finalises new regulatory framework for payment service
As Asia’s economies grow, a business intelligence firm warns that a growing disconnect between distant headquarters and local offices could lead to an increase in fraud as internal audit teams fail to meet the mark.
Getting the jump on FX movements is an artform: it involves finding common themes in disparate narratives and knitting them into real world scenarios. CT looks at some of the meatier metrics.
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Non-deliverable forward contracts (NDFs) have been an important tool for managing emerging market currency exposures. CT explores how a new instrument in Indonesia could give new depth to the market
From Kasikornbank in Thailand to HDFC in India, large corporates increasingly turn to local Asian banks over global players to meet their corporate banking needs in Asian markets.
Part of the ‘second wave’ of IFRS9 late adopters, Indonesia is finding that time is running out even on its extended 2020 deadline. A European fintech provider, however, says its software could make it smoother.