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.
*Vietnam ready to start derivatives market
*Huawei enters China’s interbank FX market
*India to review guidelines for commodity hedging overseas
*Thailand to increase transparency for infrastructure funds
Chongqing launches RMB programme with Singapore; Swift and CIPS to cooperate on cross-border interbank payment system; Singapore drops RTC tax rate to 8%; India and Sri Lanka sign $700m currency swap deal; SGE and ...
ASEAN institutions have introduced several new facilities that increase access to inter-regional funding with the region; The Reserve Bank of India has added payment verification processes for credit cards; and China ...
China will allow residents in the Shanghai Free Trade Zone to set up free trade accounts denominated in renminbi and foreign currencies; South Korea will make Initial Public Offerings easier.