Tag: regulatory update

China’s MOF expanded its municipal bond pilot reforms on May 22, adding four new regions to the programme; The RBI has issued a draft rule allowing corporate credit enhancements; The Indian central bank also posted new merger rules.

The OECD issues a country-by-country action plan on transfer pricing; China relaxes FX control to support corporate offshore debt servicing; and the State Bank of Vietnam has banned foreign currency transactions.

The SEC has dropped its case against Deloitte’s China arm and Longtop Financial Technologies, pointing the way through a broader audit ban crisis.

Twelve new free trade zones planned in China; China affiliates of largest accounting firms barred from auditing US companies; New AML laws require blocking assets related to Ministry of Public Security terrorist list.

The Singapore Inland Revenue Authority (IRAS) has provided guidelines on how to tax the use of bitcoin; Myanmar's central bank will allow foreign banks in the country; Alipay enlists Taiwan banks.

China launches central settlement for renminbi interest rate swaps; India eases FX forwards restrictions

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