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.
J.P. Morgan’s wholesale payments team in China shared with CT why corporate onboarding has become so difficult. Meanwhile, a compliance professional at a European bank reveals the myriad challenges that hold up the ...
Changing consumer tastes? Brexit? Even hot summers? Could Thomas Cook's problems have been averted with a chief liquidity officer. CT examines the arguments for expanding the C-suite
If Twitter found that a 140-character limit was not enough, why are payment messages still confined to that number? Deutsche Bank thinks it’s time to use the 15-year old ISO20022 message format, but the road to ...
Regulators extend control of Anbang; Mainland regulations boost HK reinsurers; HK passes bill on profits tax exemption; Singapore and Europe agree on derivatives trading
HKMA and PBOC collaborate on cross-border payments; China's M&A deal volume to remain steady in 2019: Japan: non-banks to handle larger remittances; PBOC launches bills swaps facility; China seizes Rmb10 billion in ...
Hong Kong’s securities regulatory chief Carlson Tong Ka-shing may be on the way out, but he has signalled that cryptocurrencies have a future in the city even if there’s still a long road ahead for crypto compliance
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
Treasurers in Hong Kong are eyeing a US rate hike in September, but as uncertainty lingers – and the gap between the rates in HK and the US remains – the HKMA is left to bail out the currency.