*ADB study points to large trade finance gap in Asia
*PBoC unveils green finance vision
*Cambodia and China sign AML pact
*Sri Lanka gives land lease tax break to foreign firms
China to push for corporate direct financing * RBI eases requirements for banks to turn loans into staes * Korea FSC eases corporate listing rules * KRX looks to enable share trading through blockchain * And much more....
The last remaining Asian jurisdictions agreed in substance to comply with US FATCA, last week. Corporates should analyse entities in group companies for FATCA status.
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 Settlement system until 2017