China Cash Pooling Pilot Program Expanded - How Does it Help MNCs?
The China cash pooling pilot program has been further expanded to give MNCs more freedom in currency conversion and cross-border use of funds.
Source: china-briefing.com
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Top News In Cross Border Funds Today - Breaking & Trending Today
Cross-border funds required to advance banking expansion
A slew of Vietnamese banks and securities firms are searching for international financing sources in an effort to expand operations.
Source: vir.com.vn
Beijing's Strong Regulation Can't Stop Chinese Capital Outflow, US Ultimately Benefits
China has had a long-standing problem of cash leaving the country. Much of the outflow is the result ...
Source: theepochtimes.com
Cross-border projects set for boost as Shared Island Fund doubled to €1 billion up to 2030
Local Fianna Fáil Senator Erin McGreehan has welcomed the funding boost
Source: dundalkdemocrat.ie
SFC and SEC sign pact for cross-border fund distribution
Hong Kong and Thai securities regulators have signed an agreement paving the way for the launch of a cross-border fund distribution scheme between the two jurisdictions. The Mutual Recognition of Funds (MRF) will allow locally-domiciled funds in Hong Kong and Thailand to be distributed in each other’s markets. It’s scheduled to be launched within six to 12 months. The agreement “establishes a framework for exchange of information, regular dialogue as well as regulatory cooperation in relation to the cross-border offering of eligible Hong Kong and Thai funds”, Hong Kong’s Securities ...
Source: asiaasset.com