All posts tagged "foreign exchange"
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118JapanMizuho Experiences Eight System Glitch for the Year
The system failure affected 387 transactions for foreign exchange trades. Mizuho is required to submit a report on its IT systems to the FSA by 29 October.
October 8, 2021 -
131Asia-PacificCBSL Roadmap Outlines Six Month Plan to Stabilise Sri Lanka
Export proceeds must be repatriated and converted to local currency. The loan moratorium will be unwound gradually. Liquidity support will be provided to banks.
October 7, 2021 -
112Asia-PacificCBSL Warns Banks Against Creating FX Black Market
Sri Lankan banks are charging heavy premiums to execute FX transactions, claiming to not have US dollars available.
October 4, 2021 -
176IndiaRBI Amends FX Rules for Exports to Facilitate LIBOR Transition
Under the amendment, authorised dealer banks can use ARRs in place of LIBOR for interest payable in export/import transactions.
September 29, 2021 -
253Asia-PacificCentral Banks Create Prototype Platform for mCBDC Settlements
The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
September 29, 2021 -
120Asia-PacificNew CBSL Governor Takes Office, Pledges to Ensure Stability
The changes at the CBSL come as Sri Lanka faces depleting foreign exchange reserves and a weakening currency.
September 17, 2021 -
129ChinaChinese Banks Start to Restrict FX Services Amid Risk Concerns
State-owned lender Huaxia Bank has restricted some of its FX services amid regulatory concerns over yuan volatility.
September 8, 2021 -
753Contributed ArticleImplementing the Final Phase of MAS’ OTC Derivatives Reporting Regime
Firms coming into scope on 1 October need to quickly complete onboarding and test their reporting to DTCC's Singapore trade repository.
September 7, 2021 -
252IndiaASIFMA Warns SEBI Against Move to T+1 Settlement
SEBI has established a panel of experts to look into moving from T+2 to T+1. ASIFMA says such a move will prove problematic for global investors.
August 30, 2021 -
357Securities & TradingTaiwan FSC Eases Rules for Overseas Branches of Securities Firms
Securities firms will be allowed to offer foreign currency custody services at overseas branches with a net value of TWD 4 billion, compared to TWD 10 billion previously.
August 22, 2021
