With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.
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.
MAS renews plan to establish KYC storehouse; HK and PBoC to collaborate on CBDC; MAS unleashes AI based compliance tool; BoT eases capital restrictions amid baht volatility
Two Asia-focused cross-border payment start-ups - Airwallex and InstaRem – are out to disrupt cross-border payments for businesses in the region. How soon will it be before we're all using them?
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
The Japanese trading giant is dipping into Thailand's 'regulatory sandbox' to try a new payments solution. But scaling up this blockchain solution isn't going to happen any time soon.