Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
*Vietnam ready to start derivatives market
*Huawei enters China’s interbank FX market
*India to review guidelines for commodity hedging overseas
*Thailand to increase transparency for infrastructure funds
China will allow residents in the Shanghai Free Trade Zone to set up free trade accounts denominated in renminbi and foreign currencies; South Korea will make Initial Public Offerings easier.