Research Report

London RMB Business Quarterly

Posted: 17 Aug 2021

Resource Type: Research Report

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London RMB Business Quarterly cover imageThe City of London Corporation RMB initiative, which was first launched in 2012, aims to support the UK as the leading offshore RMB centre outside of Greater China. In 2018, the City of London Corporation in partnership with the People’s Bank of China Representative Office for Europe, established the London RMB Market Monitoring Working Group. This is an industry-led group to discuss and explore ways to strengthen London RMB business. The key focus areas for the Group include:

 

  • Enhance market players knowledge of the UK’s RMB offshore market through the publication of the London RMB Business Quarterly report.
  • Support the development of the UK’s offshore RMB business
  • Explore ways to strengthen market connectivity and explore innovative offshore RMB products for the UK market

The London RMB Market Monitoring Working Group, London RMB Business Quarterly published by the co-chairs the City of London Corporation and the People's Bank of China Representative Office for Europe is well received by industry and provide the latest industry and policy updates on key RMB market trends.

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