All posts tagged "RMB"
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400ChinaSGX to Develop New Products Using China Bond Indices
SGX, ICBC and the CCDC will explore the development of new index fund products using newly-launched China Bond Indices as the underlying, to be listed in Singapore.
November 27, 2019 -
536ChinaBond Connect to Get Regulatory Boost from PBOC
PBOC will introduce same day delivery versus payment, block trading and a simpler tax regime for foreign investors; ten additional market makers also added to Bond Connect scheme, including JP Morgan, BAML and Mizuho Bank.
July 5, 2018 -
427Capital Regulation
China Boosts Offshore RMB Liquidity as MSCI Inclusion Looms
PBOC allows offshore clearing banks to access mainland liquidity, cuts RMB reserve ratio of clearing banks to zero percent, among other measures.
May 21, 2018 -
371China
China Upgrades Interbank Payment System in Phase Two Launch
CIPS phase two launch extends operating hours to 24 hours on working days, among other improvements to expand participation globally and better meet participants' needs.
May 4, 2018 -
468FeatureHong Kong Work Plan Includes Incentives for Fund Industry
Government reviewing and enhancing existing tax concession arrangements for fund industry; HKMA to launch real-time payments, issue virtual bank licences this year.
April 20, 2018 -
488China
PBOC Pilots Phase Two Interbank Payment System
The second phase of CIPS will pilot at ten banks covering cross-border yuan clearing and settlement for all time zones.
March 30, 2018 -
478ChinaChina Launches Crude Oil Futures
Foreign investors allowed to participate in China’s futures market for the first time; foreign currencies to be used for margin deposits to facilitate foreign participation.
March 27, 2018 -
432China
China Tightens Outbound Investment Rules Despite Decline in 2017
Temporary rules require more detailed filings on investment plans; enforcement to focus on deals worth $300mn or more or to sensitive countries, regions and industries.
January 29, 2018 -
465AML / KYC
Banks Must Ensure Foreigners’ RMB Investment Returns Can Be ‘Freely Remitted’ – PBOC
PBOC confirms overseas investors can use RMB funds to participate in China’s emissions trading market; send RMB profits, dividends back home.
January 8, 2018 -
517Capital RegulationChina Details Banking Sector Liberalisation
CBRC will support foreign bank branches entry into government bond-related businesses, loosen RMB retail deposit-taking requirements for foreign bank branches.
January 3, 2018
