Chinese derivatives regulations expected soon, say bankers

The new regulations being drafted by the People’s Bank of China (PBOC) will pave the way for a wider range of permitted renminbi-denominated forex derivatives products, as well as a greater number of banks able to offer these products.

“The proposed new regulations on financial derivatives has been deliberated by the central bank for some time now,” said Xinqiang Zhu, general manager, global markets, at the Bank of China, speaking at the International Swaps and Derivatives Association’s (Isda

To continue reading...

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 indvidual account here: