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
Korea is seeking to reduce its reliance on US dollars as a trade currency, and hoping to tap its swap line with China more. CT asks is this a sound strategy?