Authored by:Su Meng (Molly) Minny Siu Andrew Fei Xi Suodi
On 17 February 2023, China’s central bank, the People’s Bank of China (“PBOC”), published the much-awaited Swap Connect proposed rules. This article provides a high-level overview of the Swap Connect proposed rules and their key takeaways. The public consultation for the Swap Connect proposed rules will end on 4 March 2023.