The FX Global Code was launched in May 2017 to restore market trust and encourage a well-functioning wholesale foreign exchange market. Now is the time for market participants to sign up to the code and embed best practice in their daily activities, writes the deputy governor of the Reserve Bank of Australia.
Previously, clients would call their bank to warn of an unintended overdraft position; today they call if they want to leave more money than usual on their account. Koral Araskin, liquidity manager in Deutsche Bank’s institutional cash management division, explains how regulation has affected the liquidity management landscape and why there is no one-size-fits-all approach to deposit optimisation.
China’s banking sector is proving hard to navigate in 2017. The economy is slowing, net interest margins have dropped and banking regulators are cracking down on financial malpractice. Stefania Palma assesses how the country's banks are faring in this challenging environment.
The fourth most populous country in the world spread across more than 6000 islands, banks have struggled to reach out beyond Indonesia's big cities up to now. However, a digital transformation is gripping the country, bringing with it the promise of huge increase in financial inclusion. Stefania Palma reports.
China’s recently declared support for globalisation has given fresh hope to Latin America, which could benefit from its established trade links with the eastern giant in the form of greater investment in infrastructure, lower tariffs and higher value exports. Silvia Pavoni reports.
Myanmar’s central bank has opened up the local market to international payment companies such as Visa and MasterCard. But how will they help modernise the payments sector and drive financial inclusion in this newly opened frontier market? Stefania Palma investigates.
Dodd-Frank is not likely to be repealed, but the incoming US government has signalled big changes for the banking industry. Smaller players will get the most regulatory relief, but Wall Street will win in other ways. Danielle Myles reports.
A mismatch of networks and uneven regulation makes Latin America a frustrating market for digital payments providers, drawn to its huge population and growing mobile penetration. But with great challenges come rich opportunities, writes Silvia Pavoni.