Public policy proposals acknowledge the need for greater PvP adoption
Recent public policy proposals acknowledge the need for greater PvP adoption and interest from banks to join CLSSettlement is increasing. Jimmy Ho, Senior Client Management (Greater China), CLS Group recently authored a bylined article for Banking Today discussing the history of CLS, FX settlement risk and the future of settlement risk mitigation in Asia Pacific.
“Settlement risk has become an increasing concern for banks in the APAC region, and it is essential that they consider implementing appropriate FX settlement risk mitigation measures due to the growth of FX trading in many Asian currencies.”
Senior Client Management (Greater China)
This bylined article was first published in the May / June 2021 edition of Banking Today, the official bi-monthly journal of The Hong Kong Institute of Bankers.