Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
Blockchain's first trade financing between two banks saved its customer days on paper processing, as an LC was transferred between the Commonwealth Bank of Australia and Wells Fargo.
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
The trade cycle is paper dependent, cumbersome and expensive, but many tout the emergence of blockchain as the saviour. Given that many solutions already exist that can perform similar functions, CT investigates ...
The trade cycle is paper dependent, cumbersome and expensive, but many tout the emergence of blockchain as the saviour. Given that many solutions already exist that can perform similar functions, CT investigates ...