RMB: Embarking on a new journey towards an international currency
RMB internationalization quickens the process in recent years. With the opening of China’s capital account, and the Cross-border Inter-bank Payment System (CIPS) put into operation, the RMB internationalization will be accelerated into a new stage.
Representatives of the community will discuss and share their insights of the further developments of RMB internationalization. And this in turn, could translate into the opportunities in a very practical way for Sibos delegates in areas of the capital market, asset management and global payments and clearing.