Taiwan OBU reform to ramp up demand for CNH products

Onshore banks also tipped to benefit from new approach

taipei-taiwan

Taiwan's structured product market rebounded last year with issuance up 70% on 2012 but products denominated in CNH, or offshore renminbi, made up only a small portion of these purchases; however reform of the country's rules on offshore investment will drive a significant upturn in yuan products, according to market players.

On January 28, Taiwan's Financial Supervisory Commission (FSC) relaxed restrictions on offshore banking units (OBUs) which were first introduced in 1983 and were originally

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here