RED TAPE ROUNDUP: China forces banks to offload corp bonds; India expands CDS participation; India and Taiwan set out Basel III timetable
May 04, 2012
In this round up of recent regulatory news, China forces banks to sell corporate bond holdings, India relaxes rules on credit default swaps and sets up new rules for hedge funds, the Islamic Financial Services Board publishes guidelines on liquidity and stress testing and India and Taiwan set out a deadline for its banks to meet Basel III requirements.
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