The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.
It’s accepted by many as a real and present danger, but there's very little anyone can do about it. This is why the bankers are silent on the matter, naturally preferring to steer the conversation to what they can ...
IOSCO and the Basel Committee have proposed collateral-tasty requirements for non-centrally cleared derivatives trades. They are hopeful regulators across the globe will adopt the same standards to reduce regulatory ...