The regulator wants to set the bar higher for financial reporting and internal controls. But its proposal is identical to one it put out six months ago, confusing observers.
*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
*Safe regulates capital outflow for inter-bank bond investment
*Thailand plans reporting exemptions for foreign issuers
*CFTC adopts X-border approach for uncleared swaps
*Indonesia moves to full IFRS convergence
While school’s out for the summer for most of Southeast Asia, Thailand’s SEC wants companies to disclose CFOs’ education and work experience to ensure they are up to speed with the latest financial developments.
Hong Kong cracks down on fake trade invoices from China; PBoC/CBRC release bill financing rules; US adopts measures against tax evasion; PBoC permits broader access to interbank RMB bond market; FASB issues narrow-scope improvements to new revenue standard; RBA sets up benchmark on cash rate investment; and much more…