All posts tagged "capital controls"
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452AML / KYCCountries Should Ensure Capital Controls Cover Crypto: IMF
A new IMF paper calls on policymakers to preserve the effectiveness of capital controls by clarifying the legal status of crypto assets.
May 13, 2022 -
794AML / KYCEx-Goldman Exec Alleges BNM Was Involved in 1MDB Graft
Tim Leissner said BNM approved a USD 1 billion overnight transfer out of 1MDB but that he could not independently verify whether a bribe was paid.
February 25, 2022 -
897Big PictureCapital Controls Slowing Down Cross-Border Payments: CPMI
Using SWIFT gpi datasets, CPMI identified capital controls, longer bank offline hours, and batch processing as factors that slow down cross-border payments.
February 14, 2022 -
389ChinaShenzhen to Further Open to Foreign Financial Institutions
Shenzhen's five-year plan calls for the establishment of foreign-controlled securities firms, investment funds, futures companies and insurers in the city.
June 14, 2021 -
443Asia-PacificBOT Relaxes Foreign Exchange Rules for Non-resident Firms
The central bank said the relaxations will allow non-financial companies greater flexibility to manage currency risks and liquidity related to the Thai baht.
January 8, 2021 -
287ChinaChina Revises Upper Limit on Overseas Lending, Borrowing
The PBOC and SAFE have adjusted the upper limits on overseas lending and borrowing by domestic enterprises, as the RMB trades at its highest levels since mid 2018.
January 8, 2021 -
664Asia-Pacific
BOT Relaxes Investment Restrictions to Hold Down Baht
The changes will make it easier for residents to invest overseas and hold foreign currency at local banks. ETFs tracking foreign securities will be allowed to list in Thailand.
November 26, 2020 -
750China
China to Issue Additional Quotas for Outbound Investment via QDII
The move, estimated to release quotas by $2-3bn per quarter, is being called one of the biggest relaxations in capital controls in recent years.
October 27, 2020 -
921ChinaChina to Further Relax Foreign Access to Bond Market
The PBOC and SAFE are consulting on new rules that will reduce restrictions on outward remittances for institutional investors, among other rule changes.
September 24, 2020 -
789AML / KYCChinese Police Target Offshore Gambling via E-Commerce Platforms
Chinese police say at least $2bn has been laundered to offshore gambling sites through fake e-commerce purchases and other methods.
September 17, 2020
