The commodities group has returned to the market for the first time in three years and the PBOC has given approval for the funds to be repatriated offshore.
DLT’s potential to drive transaction efficiency is more widely acknowledged, while some crypto native players are looking to tap into traditional financial products; however, Apac’s regulatory framework is fragmented.
Kunio Watanabe, most recently executive chairman of Nomura Holding America, has become BNY Mellon's Japan country executive and representative for its Tokyo Branch.
The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.