All posts tagged "foreign exchange"
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437Securities & TradingSGX Pushes into FX OTC Market with BidFX Acquisition
The acquisition will bring together two growing and mutually-reinforcing pools of liquidity, and allow SGX to further expand into the global FX OTC market.
June 30, 2020 -
1.0KAsia-PacificBOT Opens Applications for New FX E-Money Licences
Non-bank operators can apply for a new licence to issue e-money in foreign currencies for customer payments for cross-border goods and services.
June 30, 2020 -
1.4KAML / KYCHong Kong Autonomy Act Advances in US Congress
Once signed into law, the Act will authorise the use of sanctions against individuals, entities and financial institutions in response to China's new national security law for Hong Kong.
June 26, 2020 -
1.3KAML / KYCSri Lanka’s ‘Special Deposit Account’, a Recipe for Disaster
A CBSL scheme announced in April to drive inward remittances and investment may risk Sri Lanka falling back into the FATF's grey list, says Duruthu Chandrasekera.
June 22, 2020 -
313FeatureSFC to Narrow Scope of OTC Derivatives Licensing Regime
The OTC derivatives licensing regime will not capture corporate treasury activities of non-financial groups, portfolio compression services, and certain portfolio management activities.
June 10, 2020 -
538ChinaChina to Develop Hainan Province into Global Free Trade Port
The first phase of the plan will focus on liberalising trade and cross-border investment, starting with the launch of QDLP and QFLP pilot programmes.
June 10, 2020 -
479IndiaRBI Directs IFSC Banking Units to Report OTC Trades to CCIL
IFSC banking units are required to report their OTC foreign exchange, interest rate and credit derivative transactions to CCIL's reporting platform from 1 June.
May 20, 2020 -
478India
RBI to Open Up Rupee Derivatives for Hedging from 1 June
Authorised dealers and can allow users to trade rupee derivatives up to USD 10 million notional value outstanding without the need to establish the existence of underlying exposures.
April 9, 2020 -
608AML / KYCBSP Relaxes KYC Norms During Covid-19 Lockdown
The move will facilitate the delivery of welfare funds to beneficiaries who have no available valid IDs or transactional account with any financial institution.
April 1, 2020 -
439Asia-PacificPhilippine Markets Shut, Central Bank Promises Regulatory Relief
The Philippines has halted stock, bond and currency trading 'until further notice'. The BSP is urging banks to provide financial relief to customers and employees.
March 17, 2020
