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.
*China outlines debt-for-equity swap plan
*Hong Kong to set up financial enforcement teams
*Basel Committee reports progress in finalising global regulatory framework
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 ...