People’s Bank of China (PBOC)
China relaxes RMB derivatives market
The People’s Bank of China (PBOC) has issued new regulations allowing banks to offer renminbi (RMB) cross-currency swaps for the first time. The regulations also make it possible for more banks, including foreign banks, to get approval to offer RMB…
China in its hand
As Industrial Commercial Bank of China receives a $15 billion bailout from the government, the challenges in attracting foreign investment and strengthening the sector become ever more apparent. James Ockenden talks to the China Banking Regulatory…
CSFB gets OK for derivatives in China
The China Banking Regulatory Commission (CBRC) authorised Credit Suisse First Boston (CSFB) to launch a financial derivatives business in China last week, reports RiskNews’ sister publication, FX Week .
Chinese derivatives regulations expected soon, say bankers
The Chinese central bank is expected to publish new regulations within the next few months aimed at easing tough restrictions in the country's derivatives market, say bankers.
China opens forex market
A flurry of overseas banks have received approval from the People’s Bank of China (PBOC) to conduct foreign currency business with Chinese corporate and individual customers – the first tangible deregulation of the financial market since China’s signing…