Tag: bi

Bank Indonesia plans to allow major lenders to offer call spreads to firms that need to hedge currency risks, a move that could cut hedging costs in half for some firms.

In an effort to reduce the costs of funding for firms to single-digit levels, Indonesia will use a new policy rate framework to guide the country’s interest rates. It is not clear whether banks will expand credit in response.

With the US IRS making FATCA registration and GIIN data public, compliance consultants are building business intelligence databases that CFOs and treasurers might be interested in.

Perusahaan Listrik Negara, signed a BI mandated foreign exchange line facility with Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia; The State Council of China will tighten capital adequacy requirements on China policy banks; Malaysia finalises liquidity coverage ratios.

The Asean single market is ready for go live by 2016 but major issues will take longer to resolve; Singapore tweaks FX policy; RBI eases ECB standards

The Indonesian central bank answered several questions about new hedging rules that came into effect this year, revealing some testing standards that must be met.

Corporates in Indonesia are concerned over new Bank Indonesia rules designed to limit exposures to foreign debt, calling one particular provision “ridiculous”.

BI levels hedging requirements, foreign asset pledges, and minimum credit ratings on corporate foreign debt in Indonesia; HKMA implemented two new initiatives increasing RMB liquidity measures in the territory.

India's interim budget cuts excise taxes to stimulate domestic economy; Bank Indonesia has overseen wide agreement on an MRA that paves the way for rupiah money markets; IMF working paper contrasts with China's view of shadow banking.

China eliminates derivatives registration; Vietnam to relax foreign ownerhsip rules; BI transfers bank regulation authority to FSA

Firms registered in the Shanghai FTZ may soon be able raise equity on local bourse; End to long-running accounting dispute between China and US in sight; Indonesia creates hedging umbrella law