The People's Bank of China cut the renminbi benchmark lending and deposit rates, while further liberalising market limits; The State Bank of Vietnam’s raised the USD/VND exchange rate; India's new electronic Know ...
Reliance Industries, Aditya Birla Group, and Bharti Enterprises rushed to make a deadline to apply for bank licences in India; China's State Administration of Foreign Exchange has expanded pilots for cross-border ...
Alibaba and other private companies in China will be allowed to establish personal ratings system; The Reserve Bank of India extends Liquidity Coverage Ratio deadlines; and the Financial Accounting Standards Board ...
The Reserve Bank of India issued guidelines for its new receivables discounting system; Russia passes laws protecting in-country financial services, such as auditing; Thailand's issues new capital registration rules.
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 ...
ASEAN+3 go together at the World Bank Annual Meeting to strengthen their Chiang Mai Initiative foreign exchange regime; The CIRC opened a new financing outlet for China's shadow banking through insurance companies; ...
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 People's Bank of China launches RMB/EUR trading; the Hong Kong financial system weathers protests; and the Reserve Bank of India consults on new regulatory philosophy.
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 ...