China’s move to digitize its commodities trade with an ‘open platform’ has received a green light from the government. Expect more blockchain trade soon.
As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
For corporate treasurers in the logistics sector, China’s big tech is getting serious. A new round of funding for Keking means fintech and data will lead the way
China steps up anti-corruption drive; Singapore sets AI guidelines; Myanmar permits foreign banks to lend locally; India’s SEBI shortlists seven for surveillance work; Singapore’s token efforts
HSBC and BNP Paribas are behind a blockchain-enabled letter of credit for a bulk shipment of iron ore between Australia and China, cutting a two-day process down to two hours
Data compliance and juggling jurisdictions is a recently acquired skill set for corporate treasurers. New, but opaque, laws in China could make it even more difficult for corporates
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