In March, the UK was admitted to the modern trade agreement that is set to expand digital services across the Indo-Pacific region. Meanwhile, China is pushing for entry.
OPINION: Treasury interests in risk and cashflow position them strategically as ESG leaders, writes Sam MacPherson, head of treasury at Australian fintech Earlytrade.
RBI has granted approval to Swift India to private messaging services for domestic banks in India; China and Singapore continue talks on FTA this year; RBI publishes its KYC rules; MAS reviews structuring of credit facilities; and much more.
Australia and China have signed an unprecedented free trade agreement that breakdowns nearly all tariffs and trade barriers; Thailand and Hong Kong have progressed on FATCA implementations; Singapore and Taiwan will link their stock exchanges in 2015
Australian Fashion Labels’ managing director Dean Flintoft argues that governments and trade associations need to do a better job when it comes to free trade agreements.
Aug 25, 2014
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China has finally announced details on how renminbi can be moved via the Shanghai free trade zone for current account business. Greater convergence between onshore and offshore FX curves are expected on the back of it.
The PBOC introduces trading in negotiable certificates of deposit; 159 countries sign the the Bali Trade package to break down trade barriers; and the FTA gives input on systemic risk in Australia.
The Shanghai Free Trade Zone (FTZ) will use special accounts to allow trade settlements and trade finance in renminbi, effectively establishing an “offshore” trade centre within its borders.
Three corporate treasurers talk about the challenges of investing surplus cash and working more effectively at keeping board members closer to the company numbers.