Speaking to reporters at an international media conference last week, the Bangko Sentral ng Pilipinas (BSP) governor, Benjamin E. Diokno, confirmed the central bank has no immediate plans to roll out a digital peso.
It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
For many of Asia’s corporates that come under US Securities and Exchange Commission (SEC) reporting rules, keeping risk disclosure relevant is what new regulations are all about.
Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.
For the UK, it was hailed as an historic triumph, reaching an 11th hour agreement after years of hard negotiating. For Asia’s treasurers, however, ‘no deal’ is still the only deal.
