Indonesia

Hub hubbub

New rules coming into force in many jurisdictions in Asia are challenging the ability of global financial institutions to operate a hub-and-spoke business model for their derivatives businesses. By Jacqueline Low, Jing Gu and Keith Noyes

Legally unbound

Foreign banks have been on the sharp end of district court decisions in Jakarta this year annulling derivatives contracts they had struck with Indonesian exporters. The development raises questions about the sanctity of contract, the Indonesian judicial

Asian banks face hedging threat

Hong Kong - The Basel II bank capital adequacy accord could stop Asia's banks from hedging risk, resulting in their being shut out of the global banking system entirely, says Paul Sheehan, Hong Kong-based co-head of Asian bank research at US investment…

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