All posts tagged "Trade"
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399Capital / LiquidityHK to Implement Capital Standard for Banks’ Fund Exposures
The capital standard for banks’ equity investments in funds is expected to come into operation in Hong Kong on 1 July 2022.
April 27, 2022 -
879ESG / SustainabilityUK, Singapore Bolster Cooperation on Data Flows, Financial Services
The UKSDEA promotes free flows of data between the UK and Singapore including in financial services. Both countries will work towards recognising each other's digital identity systems.
March 2, 2022 -
816AML / KYCUS, EU, UK, Japan Announce Sanctions Against Russia
Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.
February 23, 2022 -
537AML / KYCUS Imposes Sanctions Against ‘Breakaway’ Regions in Ukraine
The sanctions come after Russian President Vladimir Putin signed a decree recognising two regions in eastern Ukraine as independent.
February 22, 2022 -
517ChinaPBOC, SAFE Call on Banks to Facilitate Offshore Trade
A new notice encouraging banks to support the development of new models of international trade comes just as RCEP took effect on 1 January 2022.
January 5, 2022 -
301Asia-PacificMalaysia, Thailand Expand Local Currency Settlement Framework
Malaysian and Thai businesses and individuals can use local currencies to make cross-border payments for trade, investment, income and transfer.
October 31, 2021 -
445Asia-Pacific
Malaysia, Thailand Invite Banks to Become ‘Qualified ASEAN Banks’
The initiative is part of the April 2019 bilateral arrangement between BNM and BOT under the ASEAN Banking Integration Framework.
September 15, 2021 -
369ChinaChina Passes Law Establishing Hainan as Free Trade Port
The law states that Hainan will implement a "minimalist" investment approval system and create an "open, transparent, and predictable investment environment".
June 16, 2021 -
546FeatureDBS, JP Morgan, Temasek Team Up on Cross-border Payments
An open platform will be developed to enable real-time cross-border multi-currency payments, trade finance, foreign exchange and DVP securities settlements.
April 29, 2021 -
382AML / KYCChina Sanctions 28 Trump Officials as Biden Takes Office
The 28 officials and their immediate family members will be barred from entering China, Hong Kong and Macao, and restricted from doing business with China.
January 22, 2021
