All posts tagged "MOF"
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281ChinaChina Issues Measures to Clean Up Credit Ratings Industry
The measures are part of China's efforts to clean up the ratings industry and open up to foreign competition, in order to boost foreign participation in the domestic bond markets.
December 3, 2019 -
274Asia-PacificSET Launches Interbank Payment System for Securities Transactions
The new system will provide greater convenience for investors, alleviate intermediaries' cash management burden, and mitigate payment risks in the banking system.
November 13, 2019 -
512Asia-PacificThailand Eases Capital Controls to Stem Currency’s Rise
Investors are allowed to invest up to $200,000 in foreign securities without going through a Thai intermediary, and restrictions on outward fund transfers have been eased.
November 8, 2019 -
457FeatureStricter Foreign Investment Approvals Will Hurt Japan Markets
A proposal to adjust the notification threshold for foreign investors in Japan is reportedly being called “idiotic” by JPX chief Akira Kiyota.
October 11, 2019 -
433Asia-PacificThailand Banking Sector Resilient to Severe Shocks: IMF
Stress tests results and sensitivity analysis indicate that Thailand's largest banks can withstand a shock broadly "as severe as the Asian financial crisis".
October 10, 2019 -
308AML / KYCTaiwan Seeks Significantly Higher Penalties for Tax Evasion
Reports indicate there is considerable support to raise the maximum fine for tax evasion from NT$60,000 to NT$100mn.
September 24, 2019 -
722Capital RegulationChina Enhances Market Exit Mechanism for Failing Financial Institutions
China currently lacks smooth market exit channels, reflected in insufficient supporting measures and high exit costs for financial institutions in distress, said an NDRC spokesperson.
July 18, 2019 -
706ChinaSFC Gains Access to Mainland Audit Papers for Investigations
The MOF and CSRC agree to provide the "fullest assistance" in response to SFC requests for investigative assistance regarding the provision of audit working papers.
July 4, 2019 -
449Asia-PacificJapan, Philippines Explore Yen-Peso Direct Trading
Japan and the Philippines will explore the establishment of direct yen-peso settlement for trade and investment between the two countries.
June 3, 2019 -
526ChinaHong Kong, China Agree to Cooperate on Audit Regulation
Hong Kong's Financial Reporting Council will be able to access audit papers located in the mainland "through an effective mechanism and clear procedures".
May 28, 2019
