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  • The Foreign Accounts Tax Compliance Act (Fatca) was enacted by the United States Congress in March 2010
  • The bank strengthens their economic ties A new renminbi (RMB) clearing bank in Johannesburg is set to reduce trading costs and boost PRC investment across Africa. South Africa is the continent's first country to sign such a memorandum of understanding (MoU) with the Chinese government. It permits the Bank of China's Johannesburg branch to clear payments made in the world's fifth-largest currency by value.
  • Recent yuan depreciation could be a boon for the Hong Kong Exchanges Group's (HKEx) push into fixed income, currencies and commodities, said CEO Charles Li at an event last month.
  • A Resolution was passed last July in an effort to transform market access for local and foreign companies willing to list their securities on the Colombian Stock Exchange and the Securities Trading System for Foreign Securities
  • Guatemalans are just a few weeks away from heading to the polls to participate in the country's general elections (presidential, congress and municipal)
  • A recent report reveals what has turned it off A PricewaterhouseCoopers report has revealed the primary causes of illiquidity in global fixed income markets. The cumulative impact of post-crisis regulations is a major culprit. Released on August 12, the report was commissioned by the Global Financial Markets Association (GFMA) and Institute of International Finance. While banks are better capitalised than ever before, the knock-on effect has seen liquidity in the secondary bond market fall sharply since mid-2014.
  • The Cyprus government recently announced a number of tax incentives aimed at encouraging economic activity and attracting inward direct investment
  • On June 29 2015, the Minister of Manpower of the Republic of Indonesia issued a new regulation on the procedures of employing foreign manpower
  • On July 8 2015, the Consumer Protection (Regulation of Credit Servicing) Act 2015 was enacted into Irish law
  • European banks need liquidity, and ABS – with a few tweaks – can provide it. Here’s how to revive the ailing market