Custody & Clearing
What you must know about CNH's onshore deregulation and offshore expansion
The Shanghai Free Trade Zone (SFTZ) opened on 29 Sep.
What you must know about CNH's onshore deregulation and offshore expansion
The Shanghai Free Trade Zone (SFTZ) opened on 29 Sep.
Why RMB globalization is still a long way off
Efforts to globalize the renminbi (RMB) reached a milestone when the currency joined the league of the most-traded currencies for the first time.
Will Qianhai jeopardize Hong Kong’s position?
In mid-2012, the China’s State Council approved the development of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
Singapore, Japan establish cross-border collateral deal
To enhance financial stability in Singapore.
CIPS to debut in Shanghai in 2014
3Part of campaign to internationalize the RMB.
Things you must know about JP Morgan's newly-launched Collateral Central
Find out what the 'virtual global longbox' does.
Hong Kong's dominant role to remain in RMB trading
Given that RMB is fungible offshore, the emergence of new offshore centres simply expands the existing regime instead of creating competing systems...
Taiwan becoming a local hub for RMB settlement and trading
Two days before the Singapore's announcement, financial institutions in Taiwan formally launched their RMB business after signing currency clearing...
Does mandatory margining of non-cleared swaps make sense for Asia?
The Asian banking community is anxiously following the debate around the BCBS/IOSCO proposed mandatory margining of non-cleared swaps that began...
Why Singapore is well-equipped to facilitate RMB trading
On 8 February, the People's Bank of China announced that the Industrial and Commercial Bank of China (Singapore) will become the RMB clearing bank in...
RBS appoints Joseph Braitsch as head of futures and options for AsiaPac
He will also head the Electronic Futures Execution team.
BOC to serve as renminbi clearing bank in Taiwan
The Taipei branch of Bank of China will serve as a clearing bank for renminbi transactions in Taiwan.
Standard Chartered appoints Alan Naughton as global product head for investors & intermediaries
And Andrew Hempshall is global head of solution delivery & service, investors & intermediaries.
JP Morgan launches direct custody & clearing platform in Hong Kong
Michael Drumgoole was appointed as Asia Pacific head of the business.
Malaysia's CIMB launches money transfer service to 5 Asian countries
CIMB launched its international money transfer service, SpeedSend, to Myanmar, Vietnam, India, Bangladesh and Nepal.
Bangkok Bank wants broader use of Yuan as settlement currency
Bangkok Bank is awaiting once China's central bank approval to allow yuna to be used as a settlement currency.
Singapore expects getting yuan-clearing bank soon
Singapore moved a step closer to getting a yuan-clearing bank after issuing full banking licences to two Chinese lenders.