The introduction by China of a deposit insurance scheme is a first step towards liberalising interest rates and allowing bank resolution. It could also spark the evolution of financial technology
Optimism around tax clarity in India could be short-lived. A little-noticed exemption in India’s budget means foreign investors could be liable for minimum alternate tax – and it could apply retroactively
On March 16 the Competition Commission of Singapore provisionally blocked a merger for the first time. Lawyers expect the regulator to become more active in this space
The Asean Capital Markets Forum’s streamlined review framework to promote listings has been welcomed. But more details around fungibility and takeover codes are needed