Overseas banks will find it simpler to do business as the China Banking Regulatory Commission simplifies procedures. For treasurers, it should mean more choice.
In an attempt to fix naked malfeasance, the latest ticket from China’s banking regulator will keep banks on the straight and narrow. That will help higher-rated borrowers.
Treasurers need to understand the Chinese regulator's thinking when handing cross-border transactions. Its priority now is ensuring such transactions are authentic.
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
Cross-sector business, shadow banking, and online finance are all irreversible trends as financial products converge, but where will this leave China’s regulatory framework?
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge