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.
Digitisation has the power to improve processes, increase visibility and enhance a treasurer’s influence within a company, according to new ground-breaking research.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
China backs away from new e-commerce rules; China clarifies tax position for foreign bond holders; AML probe deepens on Japanese bank; RBA takes aim at bank profits; MAS grants first private securities platform licence
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
Low-level bankers who can only say no will make way in age of automation, panel hears – leaving talented seniors to make decisions for key customers such as corporations.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
*Hong Kong launches fintech sandbox
*SFC designates CCPs for OTC derivative transactions
*PBoC to rule China’s bond market
*Korea opens world’s first Fintech Open Platform