Financial Services Talking Points 19-10-2015

Date: Monday, 19th October 2015   MOC’s statement on China’s FDI in Jan-Sept (Chinese) Source: MOC, 15 Oct 2015 International M&A projects saw a significant increase, with a total amount of 20.18 billion USD, accounting for 23.1% of FDI, with non-SOE representing 67% of the total FDI pool. In addition, the nature of projects was …

Financial Services Talking Points 12-10-2015

Date: Monday, 12th October 2015   Economic and market highlights (English) Source: Macquarie Group, 02 October 2015 Macquarie forecasts that the first Federal Reserve interest rate rise will occur in December 2015. Volatility has receded from highs reached in August, but remains elevated. Developed markets lost ground, with the US and Australia shedding around 3%, …

Financial Services Talking Points 28-09-2015

Date: Monday, 28th September 2015   The “Capital Conundrum” (English) Source: Macquarie Group, 22 September 2015 Bankers should pay attention to the impacts of recent changes by the APRA on the large Australian banks, including an increase in the risk weighting of mortgages from 16% to 25%, and global benchmarking. The impact is likely to …

Financial Services Talking Points 21-09-2015

Date: Monday, 21th September 2015   Does Australia need an institutional debt market? (English) Source: ANZ, 16 September 2015 Since the GFC, the infrastructure debt market in Australia has been overwhelmingly led by the big four banks raising capital from China and Japan. At present, US debt capital market is getting more involved in it, …

Financial Services Talking Points 07-09-2015

Date: Monday, September 7th, 2015   Statement about regulations of MNCs’ foreign currency funds in concentrated operation and management (Chinese) Source: safe.gov.cn, 02 September 2015 In order to facilitate trading investment and serve the substantial economy, SAFE decided to implement several pilot programs. These improvements include simplifying opening account requirements and foreign exchange procedures, attempting …