Tag: repo

Due to regulatory requirements, banks are keen to promote repos to cash-rich corporates. They certainly offer a different risk return profile, but it is questionable how appetising the product is.

Repos are an important investment option for renminbi money market funds. But some corporate treasurers are concerned about collateral quality and counterparty risk. Download JP Morgan Asset Management’s white paper to understand why the repo is the largest and most liquid money market instrument in Chinese markets.

The HKMA scraps renminbi clearing bank requirements for repo transactions; Korean regulator promises lower foreign bank barriers; Safe reforms foriegn debt policies for non-Chinese MNCs.

A crucial court decision and improved practices around commodity assets and collateral is helping restore confidence following fraud at the Port of Qingdao

China's State Administration of Foreign Exchange revises assessment methods on banks in FX compliance; Non-Chinese firms permitted for data and transaction processing; Hong Kong Monetary Authority extends operating hours for RMB intra-day repo.

The FASB has updated its repurchase agreements (repo) guide, a measure designed to end the accounting sleight of hand used by now defunct Lehman Brothers to polish its balance sheet.