Singapore may have scrapped the idea of a centralised database to facilitate KYC checks for now but an advisory body in Hong Kong says the government might not even need one.
The HKMA has teamed up with 12 banks to use blockchain to build its new trade finance platform. How effective will it be at digitising cross-border payments?
When interest rates begin to move there are only two types of treasurer: fixed or floating. What type you are will depend on your exposure and your appetite for risk
US and Singapore agree to share fintech information; Singapore, HK combine multiple QR codes into one label; Indonesia to lower the ceiling on import duty exemption.
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.