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.
International trade sounds glamourous, but often entails enough paperwork to sink a battleship. CT speaks to Bolero which fixed the first electronic bill of lading for a Taiwanese shipper.
If the chipmaker's record $773 million antitrust fine in Taiwan illustrates anything, it’s that rules are changing. No longer do small tech corporates need to be in thrall to powerful suppliers.
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
US financial institutions will be hardest hit by US regulatory change, but their counterparties and some end users – including corporates – are also likely to feel the impact.
According to Donald Trump, China is a prime currency manipulator. But a bank research note shows that this is not the case, by the standards of the US Treasury.
*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
*CFETS announces list of participants allowed in interbank RMB trading
*China issues rules to clean up P2P lending
*MAS proposes National Payment Council
*RBI announces rules on group exposure framework
