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The rising star that is RMB


25 April 2013 London
Reporter: Georgina Lavers

The SWIFT RMB Tracker showed a 32.7 percent growth in value of Chinese RMB payments globally in the last month...
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BlackRock stacks iShare products high on Euroclear platform


24 April 2013 Amsterdam
Reporter: Georgina Lavers

Investors will be able to invest in ETFs like mutual funds at daily ‘net asset value’ price following the inclusion of 50 products from iShares on Euroclear's FundSettle fund processing platform...
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BRQ and SmartStream partner to aid Brazilian firms


24 April 2013 São Paulo and London
Reporter: Jenna Jones

Brazilian IT company, BRQ, and SmartStream have joined forces to provide greater operational efficiency and control to the Brazilian financial services market...
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Guernsey signs DTA with Hong Kong


24 April 2013 London
Reporter: Jenna Jones

Guernsey has signed a Double Taxation Agreement (DTA) with Hong Kong, meaning that Guernsey has now signed full DTAs with seven jurisdictions...
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Bank Hapoalim selects BNY Mellon for US custody


24 April 2013 London
Reporter: Jenna Jones

Israeli financial institution, Bank Hapoalim and its institutional servicing subsidiary Poalim Sahar has chosen BNY Mellon to provide US custody services...
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Bloomberg takes issue with CFTC's swaps rule


23 April 2013 Washington DC
Reporter: Mark Dugdale

Data vendor Bloomberg is taking the US Commodity Futures Trading Commission (CFTC) to court over a proposed rule that it argues will make swaps trading more expensive...
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Russian CSD and Interfax sign over information


23 April 2013 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, and Interfax, have concluded an agreement on the provision of information services...
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RBC Hedge 250 Index returns 1.35 percent


19 April 2013 New York
Reporter: Georgina Lavers

RBC Capital Markets reported that for the month of March 2013 the RBC Hedge 250 Index had a net return of 1.35 percent...
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Norway submits to FATCA


18 April 2013 Oslo
Reporter: Georgina Lavers

Norway has signed an intergovernmental agreement (IGA) with the US on 15 April, authorising the exchange of information for tax purposes in light of FATCA...
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SWIFT launches new BPO rules and tools


17 April 2013 Brussels
Reporter: Jenna Jones

SWIFT and the International Chamber of Commerce Banking Commission (ICC) have released new legal and technology standards for Bank Payment Obligation (BPO)...