Tag: settlement

Singapore-based investor, Dymon Asia, has tapped China’s interbank bond market to execute a forward trade.

CBA has enhanced its payments processing capability to enable near to round-the-clock clearing.

Offshore yuan is the first emerging market currency to be added to the FX settlement partnership between the two financial institutions. The pair has executed the first US dollar-to-offshore yuan settlement using DLT, according to HSBC.

Intercompany netting has been a part of the accelerated treasury digitisation story in the wake of Covid-19. GTreasury’s Renaat Ver Eecke spoke with CT about why the time was ripe to acquire Coprocess.

The regulator clarifies its relaxed rules on forwards settlement in FX and sets out several specific examples of financing needs for which treasurers can use such products to hedge.

New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.

Safe relaxes onshore FX settlement to encourage the use of offshore funds and tightens outbound lending in a bid to bring capital back onshore. It also clarifies reporting requirements.

Thailand and Malaysia hope to promote the use of baht and rinngit in trade between the two nations, in a move that might mitigate FX risk.

The Hong Kong-based jeweler is using the renminbi more; accepting renminbi cards in Hong Kong and using the liquidity to fund China.

Taiwan encourages two-way RMB lending; India reverses emergency rupee controls; G20: Tax data to be automatically shared by 2015

The Bank of England and the China's central bank will sign a three-year FX swap agreement. Will this increase the use of renminbi for trade in the UK and Europe and what more needs to be done? CT asks the experts.

Exchange and rates of renminbi inside Taiwan are expected to move in line with offshore CNH market rates in the near term. Will exchange and interest rate regimes in Taiwan converge with Hong Kong's? CT asks the experts.