India Appeases Foreign Investors as Government Moves to Resolve Tax Row

07/05/2015

India is setting up a panel that will suggest ways to resolve disputes arising from the country’s imposition of the minimum alternate tax (MAT), a levy imposed on years-old capital gains of foreign companies.

China Pushes for More Lending to Small Business

07/05/2015

China’s banking regulator urged commercial banks to boost lending to riskier small businesses and the rural sector in a bid to bolster the country’s overall economy.

S Korea’s FSC Aims to Get More Banks to Fund Fintech Firms

07/05/2015

South Korea’s Financial Services Commission (FSC) said the state-run policy lenders Korea Development Bank and the Industrial Bank of Korea will allocate 200 billion won ($184.9 million) in funds this year to support financial technology companies or fintech.

China Plans to Allow Residents to Invest Overseas via FTZ

07/05/2015

China plans to allow Chinese individuals to invest in financial markets overseas through the Shanghai Free Trade Zone (FTZ).

GIC Adopts Omgeo ALERT to Boost Operational Efficiency

07/05/2015

Omgeo announces that Singapore’s sovereign wealth fund GIC has adopted Omgeo ALERT as its settlement instruction service.

China Increases Foreign Access to Domestic Bond Market

07/05/2015

China moves towards liberalising its domestic capital markets by allowing a group of foreign institutions to invest in its domestic bond market.

Securities / Derivatives

Taiwan to Update Bank Merger Policy in May

06/05/2015

Taiwan’s Financial Supervisory Commission said it will update a policy that will promote mergers in the domestic banking industry.

Securities / Derivatives

Malaysia Central Bank Issues New Guidelines on Restructured Loans

06/05/2015

Bank Negara Malaysia, the country’s central bank, is revising guidelines on restructured and rescheduled (R&R) loans in a move that could impact the asset quality and earnings of local banks.

CCB (Asia) Selects Wolters Kluwer to Help Address Regulatory Reporting Requirements

05/05/2015

China Construction Bank (Asia) has announced they will be implementing Wolter Kluwers, OneSumX Regulatory Reporting solution.