Tag: hkma

The US has kicked the deadline to hit FATCA regulations down the road; Burma has promised more central bank autonomy by splitting its ties with the finance ministry; the Reserve Bank of India fiddles again with FX hedging regulations.

The offshore renminbi interbank offered fixing rate is now in swing. Limited liquidity will impact the ability to produce hedging products on the back of it, at least for the short-term, experts note.

Two landmark OTC trades based on the offshore renminbi interbank lending benchmark were readied last week. However, lack of overall liquidity meant the one-year deals were based on three-month lending data.

The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.

The Hong Kong Monetary Authority intervened twice in one week to maintain the Hong Kong dollar peg. What is driving Hong Kong dollar's appreciation? Will the surge abate soon? CT asks the experts.

Standing against the CFTC’s Gary Gensler on derivatives is justified. Ceding to his aims will only damage the ability to hedge risk.

A severe liquidity squeeze in the offshore renminbi deliverable forward market was spotted on the very front-end of the curve, on July 3. The overnight implied rate shot up to 15% at one point. Should corporations be worried? CT asks the experts.

Joseph Yam, the former head of the Hong Kong Monetary Authority, suggested Hong Kong should review its currency peg to the dollar. The government has rebuked it but should we take Yam’s dramatic change of heart seriously? CT asks a series of experts their opinions.

China’s largest back support manufacturer announced a new CFO, former Hong Kong Monetary Authority staffer, Ho Ka-man.