All posts tagged "foreign exchange"
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337InternationalBuy-side Adoption of FX Global Code Lagging: BIS
More needs to be done to bolster buy-side adoption of the FX Global Code, says MAS deputy managing director Jacqueline Loh, who also chairs the BIS Markets Committee.
January 31, 2020 -
871ChinaChinese Regulators Announce Coronavirus Support Measures
PBOC has extended the Lunar New Year closure of financial markets until 3 February and vowed to inject liquidity into the markets when they reopen.
January 30, 2020 -
310IndiaRBI Allows Banks to Offer FX Trading Beyond Market Hours
The move is aimed at improving the ability of market participants to hedge currency risk in the onshore rupee market to boost domestic trading volumes.
January 8, 2020 -
318ChinaChina Issues Revised Trading Rules for Interbank FX Market
The rules are intended for both domestic and foreign institutions, in line with recent draft rules from SAFE that sought to allow foreign firms to trade RMB foreign exchange derivatives.
December 12, 2019 -
329Capital RegulationHKMA Defends Against Rumours of Hong Kong Stability Risks
The HKMA has not seen any large-scale outflow of funds from Hong Kong and the banking system had sufficient capital and liquidity to withstand any impact.
December 12, 2019 -
683Asia-PacificThailand Eases Capital Controls to Stem Currency’s Rise
Investors are allowed to invest up to $200,000 in foreign securities without going through a Thai intermediary, and restrictions on outward fund transfers have been eased.
November 8, 2019 -
413ChinaTrade Woes Prompt Easing of China’s Forex Rules
SAFE will ease controls on equity investment from non-investment foreign firms, among 12 measures to help draw overseas funds into the domestic market and facilitate cross-border trade.
October 29, 2019 -
563Asia-Pacific
BOT Solicits Comments on Draft ‘Thailand FX Code’
The BOT invites wholesale FX market participants to comment on a draft 'Thailand FX Code' by 25 November.
October 27, 2019 -
726AML / KYCJapan Banks Exit Forex Business Amid AML Cost Concerns
While smaller banks are exiting the foreign exchange business entirely, larger banks are raising counter service fees for overseas remittances.
October 17, 2019 -
727China
SAFE Approves Three Brokers for Interbank FX Trading
Citic Securities, Huatai Securities and China Merchants Securities are allowed to conduct interbank forex business both on a proprietary basis and on behalf of clients.
September 9, 2019
