Custody & Clearing News
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CUSTODY & CLEARING |
11 Apr 13
BY NATHAN CHOW HUNG LAI (周洪禮)
289 reads
Two days before the Singapore's announcement, financial institutions in Taiwan formally launched their RMB business after signing currency clearing agreements with Bank of China's Taipei branch. Read ››
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CUSTODY & CLEARING |
25 Mar 13
BY KEITH NOYES
442 reads
The Asian banking community is anxiously following the debate around the BCBS/IOSCO proposed mandatory margining of non-cleared swaps that began with the publication of Margin Requirements for Non-Centrally Cleared Derivatives in July 2012 and has been followed up by a near final “Second Consultative Paper on Margin Requirements for Non-Centrally Cleared Derivatives”, published in February 2013. Read ››
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CUSTODY & CLEARING |
12 Mar 13
BY NATHAN CHOW HUNG LAI (周洪禮)
421 reads
On 8 February, the People's Bank of China announced that the Industrial and Commercial Bank of China (Singapore) will become the RMB clearing bank in
Singapore. Read ››
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CUSTODY & CLEARING |
13 Dec 12
884 reads
He will also head the Electronic Futures Execution team.
In a release, The Royal Bank of Scotland plc (RBS) announced the appointment of Joseph Braitsch as Asia Pacific Head of Futures and Options business within RBS Prime Services; a business the bank expects to see significant growth in future, driven by market demand. Read ››
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CUSTODY & CLEARING |
12 Dec 12
509 reads
The Taipei branch of Bank of China will serve as a clearing bank for renminbi transactions in Taiwan. Read ››
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CUSTODY & CLEARING |
07 Nov 12
782 reads
And Andrew Hempshall is global head of solution delivery & service, investors & intermediaries. Read ››
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CUSTODY & CLEARING |
07 Nov 12
672 reads
Michael Drumgoole was appointed as Asia Pacific head of the business. Read ››
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BANKING TECHNOLOGY, CUSTODY & CLEARING |
30 Oct 12
218 reads
It is an outsourced solution providing end-to-end execution, settlement and custody services. Read ››
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CUSTODY & CLEARING |
19 Oct 12
620 reads
CIMB launched its international money transfer service, SpeedSend, to Myanmar, Vietnam, India, Bangladesh and Nepal. Read ››
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CUSTODY & CLEARING |
12 Oct 12
118 reads
Bangkok Bank is awaiting once China's central bank approval to allow yuna to be used as a settlement currency. Read ››
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CUSTODY & CLEARING |
10 Oct 12
615 reads
Singapore moved a step closer to getting a yuan-clearing bank after issuing full banking licences to two Chinese lenders. Read ››
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CUSTODY & CLEARING |
28 Sep 12
597 reads
With its jump from 57th place in 2011, could Taiwan be the next offshore RMB clearing centre? Read ››
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CUSTODY & CLEARING |
31 Aug 12
667 reads
China and Taiwan has paved the way for the establishment of a cross-Strait currency clearing mechanism by signing a memorandum on currency clearing. Read ››
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CUSTODY & CLEARING |
09 Aug 12
761 reads
Spot checks will be carried out on South Korean Standard Chartered and HSBC Holdings over money laundering allegations. Read ››
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CUSTODY & CLEARING |
07 Aug 12
1054 reads
The Philippine central bank said a bill will be filed in the country’s Congress to reduce the clearing time for checks to just one day. Read ››
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CUSTODY & CLEARING |
17 Jul 12
707 reads
Thailand's banks identified the mobilisation of funds to meet loan demand while keping fund cost as low as possible as one of its challenges. Read ››
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CUSTODY & CLEARING |
17 Jul 12
652 reads
Bank of Taiwan is working to get the central bank's permission to become a clearing bank under the cross-strait currency clearing system. Read ››
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CUSTODY & CLEARING |
22 Feb 12
2099 reads
Increased pricing pressure, cost complexities, and western regulatory initiatives may have custodians worried. Read ››
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CUSTODY & CLEARING |
17 Feb 12
2611 reads
The FATF added Pakistan, Indonesia, and Thailand along with Ghana and Tanzania to its blacklist. Read ››
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CUSTODY & CLEARING |
15 Feb 12
2411 reads
Standard Chartered’s Giles Elliot says it will surely have a big impact in the market, though not all players can afford the capital charges for extensive memberships in different markets. Read ››
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CUSTODY & CLEARING |
08 Feb 12
2416 reads
HSBC and Standard Chartered concur that banks in Asia will have to brace for a depth of regulatory change and evolution of tax regimes this year. Read ››
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CUSTODY & CLEARING |
01 Feb 12
2722 reads
Find out what HSBC’s Ian Banks and Standard Chartered’s Giles Elliot have to say about the challenge of having a system that embeds sufficient functionality in multi market implementations. Read ››
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CUSTODY & CLEARING |
02 Jan 12
BY OLIVIER GRIMONPONT
3143 reads
What a difference a year makes, or does it? Here we are at the beginning of a new year, ready to manage the challenges before us. Read ››
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CUSTODY & CLEARING |
11 May 11
2345 reads
Eximbank is offering free service to keep gold holdings for clients as interest rates on deposits of the precious metal continue to fall. Read ››
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CUSTODY & CLEARING |
01 Apr 11
BY EMANUEL HIOU
1622 reads
As part of the Australian Government’s review of the taxation treatment of collective investment vehicles, the Board of Taxation has issued a comprehensive discussion paper for comment on how to enhance the competitiveness of the tax regime for Australian investment funds. Read ››
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CUSTODY & CLEARING |
26 Mar 11
2496 reads
Banks in Bangladesh were advised to take steps for enhancing the remittance inflow due to the Middle-East turmoil. Read ››
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CUSTODY & CLEARING |
13 May 10
3361 reads
Lender will use J.P. Morgan's U.S. Dollar Clearing – Asia Direct and Payment-Versus-Payment Settlement solutions. Read ››
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CARDS & PAYMENTS, CUSTODY & CLEARING, FINANCIAL TECHNOLOGY |
04 Feb 10
2667 reads
Krung Thai Bank has developed electronic money transfer innovation for payment of goods.
Instead of paying by cheque, customers can make payment on-line in unlimited amount. Read ››
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CUSTODY & CLEARING |
13 Jul 09
3138 reads
Bank of China HK Limited conducted the first RMB remittance transaction in Hong Kong, which was made for the Shanghai Electric Hong Kong Co. Read ››
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CUSTODY & CLEARING |
18 May 09
4159 reads
The Hong Kong branch of BNP Paribas Securities Services has been granted a banking licence by the Hong Kong Monetary Authority. Read ››
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