HSBC to work with SGX and Temasek on DLT for fixed income
The partnership will mark the first end-to-end digitisation effort focusing on the Asian bond markets.
The partnership will mark the first end-to-end digitisation effort focusing on the Asian bond markets.
State Street was previously permitted to provide trustee services to only Singapore-authorised, retail-only, collective investment schemes.
The deal will give China Merchant Bank wider access to international market and supports its growth ambitions.
The Monetary Authority of Singapore (MAS) has formally granted CME Group the status of Recognised Clearing House, with effect from 18 May.