SFTZ for Liquidity Management by David Blair, Managing Director, Acarate Consulting SFTZ has been a hot topic this year. What is all the excitement about? And is SFTZ really critical for China treasury? China’s central bank, the People’s Bank of China (PBoC) has opened up cross-border two-way sweeping nationwide, and schemes from PBoC for CNY […]
Location, Location, Location by David Blair, Managing Director, Acarate Consulting With Hong Kong very publicly gunning for Singapore’s pre-eminence, treasury centre location has become a hot topic again. What are the key success factors? And who is likely to win this round in the RTC wars? RTC (regional treasury centre) location has always been a […]
CIPS will replace the current arrangement for offshore CNY which uses designated clearing banks. CIPS does not replace SWIFT, but uses SWIFT messaging and formats. The net result is faster and more reliable cross-border CNY payments for all users. What is CIPS? We all thought CIPS stood for China International Payment System. But ever keen […]
Businesses seeking the best location for a treasury hub have to weigh up many factors ranging from tax incentives to political risk. Here, David Blair offers an insight into the pros and cons of five Asian financial centres. Asia has evolved rapidly this century, especially from a treasury perspective. From the internationalisation of Chinese yuan […]
