Tag: sec

The head of Manila’s securities watchdog, Teresita Herbosa, tells treasurers to expect a raft of regulatory reforms to deepen the Philippine capital market

US regulators are on the FCPA prowl after enforcements surged in 2016. Increasingly, the emphasis is on punishing individuals over corporates.

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.

*HKMA launches infrastructure financing unit *Indonesia central bank to intervene in FX market *Korea offers tax perks to reshoring companies

*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

HKMA releases circular on cybersecurity rules; CFTC to expand hedging exemptions in limits amendment; China dumped market-based mechanism for RMB in Jan; SEBI applies KYC norms to ODI issuers; and much more…

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…

Safe eases FX restrictions; FASB proposes changes in restricted cash standards; PBoC expands X-border financing management nationwide; Korea offers tax incentives for R&D; China replaces business tax with VAT; US Fed to vote on derivatives rules; and much more…

China ponders nationwide expansion of RMB foreign debt scheme; RBI revises external commercial borrowings framework; CBRC said to issue corporate debt restructuring guidelines; RBI reduces daily cash reserve ratio for banks from 95% to 90%; And much more…

SFTZ tightens grip on x-border investment and fund transfers * China suspends net outflow of RMB cash pools * PBoC’s u-turn on digital currency * Thailand plans on improving regulations to international standards * Malaysia to increase monitoring of non-financial institutions * And more….

Credit spreads on short-term debt are expected to gap out as MMF managers rush to invest in government treasuries.