Vietnam Bank for Agriculture and Rural Development has signed up for Swift’s Know Your Customer (KYC) Registry. Similar initiatives could help treasurers get onboarded with banks faster.
Citi failed to force Mercuria Energy to stump up $270 million, but the crucial UK High Court ruling over metals financing will provide comfort for trade finance banks in China and users of repo agreements alike.
Basel III proposals requiring banks to report intra-day liquidity will severely stifle correspondent relationships, but the infrastructure could be valuable to companies.
KPMG partner Egidio Zarrella and JP Morgan’s Asia-Pacific head of sales for treasury services Margaret Yao give their tips on transfer pricing through centralised trading centres.
Advocates of trade finance have secured exemptions in the form of Capital Reserve Requirements IV (CRR IV) from tougher banking regulations that would have affected trade in Europe. Regulators in Asia have yet to ...
ANZ casts doubts over China's official data and analyses it with a fraud detection formula developed by twentieth century physicist Frank Albert Benford.