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.
Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity
Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.
As policy makers begin to roll back almost a decade of cross-border cooperation in Asia Pacific regulation, corporate treasurers will need a fragmented approach
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
The Philippine central bank is resorting to a measure first implemented in the 1997 Asian Financial Crisis. Is this the first sign of a big chill in regional FX markets?
The People’s Bank of China has announced a cut in the reserve required ratio – a move that is expected to inject $175bn into the economy - but treasurers should still be wary of reading too much into the move
It’s one of the Asia Pacific’s fastest growing economies, but it can also be one of the more volatile. A central banker tells corporate treasurers what to watch out for in the Southeast Asian powerhouse.