Following on from the start of the Continuous Linked Settlement (CLS(tm)) service this month, CLS Bank International (CLS Bank) said that the New Zealand and Hong Kong Dollars will become CLS Bank eligible currencies once all the requirements in CLS Bank’s rules have been satisfied. This follows CLS Bank’s similar in-principle endorsement at the end of 2001 to add the Danish Kroner, Norwegian Krone, Swedish Krona and Singapore Dollar as CLS Bank eligible currencies. This announcement now brings the number of currencies endorsed in-principle by CLS Bank to six, with other currencies under consideration. Once these currencies have satisfied all the requirements they will join the Australian Dollar, Canadian Dollar, Euro, Japanese Yen, Pound Sterling, Swiss Franc and United States Dollar as CLS Bank eligible currencies.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more