At a CT conference in Singapore last week, senior treasurers discussed Southeast Asia’s regional effort to support corporate liquidity optimisation, and the pain points involved in cash pooling in the absence of interbank interoperability.
The bank wants to ease barriers for companies expanding into new markets by providing market insights into issues such as tax, FDI and regulations, with an initial rollout covering the Lion City, Indonesia and Malaysia.
A report published this month by MAS highlights corporate opportunity in Singapore’s GSS+ market. Bond market experts weigh in on the city-state’s potential.
LCH is confident in Apac’s swaps and derivatives market, and has been working to localise its products. Having more local banks onboard is one of the approaches.