China’s central bank has announced that international and overseas development agencies are now allowed to issue yuan-denominated bonds in the country, as China seeks to expand its bond market. To be qualified to issue such bonds, an international institution must already have provided loans to Chinese companies or projects of more than US$1bn. This is in accordance with new regulations issued in February 2005 by the People’s Bank of China, the Ministry of Finance, the National Development and Reform Commission and the China Securities Regulatory Commission. This announcement comes at a time when China is seeking to develop new sources of funding beyond bank lending.
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