All posts tagged "HSBC"
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136China19 Hong Kong Banks Approved to Participate in Wealth Connect
Citibank, Hang Seng Bank, HSBC, ICBC, and Standard Chartered are among those that will participate in both the southbound and northbound schemes.
October 19, 2021 -
115EuropeEBA Clearing, SWIFT, TCH Collaborate on Cross-Border Payments
A POC has been completed that uses existing payment systems in the US and Europe to achieve synchronised settlements in cross-border payments.
October 13, 2021 -
113Asia-PacificSri Lanka: CBSL Collaborates with Industry on Inward Remittances
The central bank is working with banks, mobile operators, and government agencies to launch a new mobile app for inward remittances.
October 13, 2021 -
246SingaporeHSBC, Temasek to Establish Platform to Fund Sustainable Infrastructure
HSBC and Temasek, with support from ADB and Clifford Capital Holdings, will dispense over $1bn in loans through the platform within 5 years.
October 5, 2021 -
181China
20 HK Banks Apply to Participate in Wealth Connect – Report
Balanced funds, money market funds, equity and bond funds are reportedly among the more than 100 types of investment funds awaiting the HKMA's approval.
September 29, 2021 -
225AML / KYCUS DOJ Agrees to Release of Huawei’s Meng Wanzhou
Under a deferred prosecution agreement, Meng admitted to making material misrepresentations to HSBC regarding Huawei’s operations in Iran.
September 27, 2021 -
197ChinaSouthbound Bond Connect Trading Officially Launched
More than 40 mainland institutional investors and 11 Hong Kong market makers participated in the first day of trading.
September 27, 2021 -
239Enforcement
Hong Kong ICAC Charges Ex-HSBC Banker for Accepting Bribes
The bribes were paid as an inducement to or reward for the ex-banker to conceal the identity of the ultimate controller of two SMEs that obtained loans from HSBC.
September 9, 2021 -
226Fintech / RegtechMAS Announces Finalists for Global CBDC Challenge
The finalists include ANZ, Citibank, Consensys, HSBC, IBM, Soramitsu, Standard Chartered, among others. They will progress to an eight-week Acceleration Phase to further develop and refine their solutions.
August 31, 2021 -
135Asia-PacificFIs Team Up to Accelerate Coal Plant Closures in APAC
Prudential, Citi, HSBC, and BlackRock are reportedly working on a plan to buy out coal-fired plants and wind them down early.
August 5, 2021
