Existing policy requirements related to the centralised operation of cross-border funds of multinational corporations will be optimised
May 24, 2023Lawmakers proposed to give the central bank powers to operate a sovereign wealth fund using foreign exchange reserves.
May 12, 2023Swap Connect will allow overseas investors to trade in Mainland interest rate swap contracts on CFETS via Tradeweb and Bloomberg.
May 6, 2023Mizuho Capital Markets engaged in anticipatory hedges of deal-contingent FX forwards without appropriate disclosure to customers.
April 27, 2023The IMF's Kristalina Georgieva has welcomed "decisive policy actions" by Sri Lankan authorities and the financial assurances obtained from major creditors.
March 16, 2023The draft guidelines are open for comment until 15 April 2023. The RBI intends for the guidelines to come into effect from 1 April 2024.
February 20, 2023UPIs issued by the DSB will be required in reporting credit, equity, foreign exchange, and interest rate swaps from 24 Jan 2024.
February 17, 2023The amendment will give digital asset fund managers greater flexibility to purchase digital assets overseas and make payments for related expenses.
February 7, 2023Currency exchange transactions in Laos can now only be done through state-run banks. The move has resulted in nationwide business disruptions.
January 29, 2023The recommendations follow bank inspections that were launched in response to suspicious FX transactions used by customers to exploit the so-called “kimchi premium”.
December 8, 2022