CIPS: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update first definition. Source - FRBSF - https://www.frbsf.org/banking/asia-program/pacific-exchange-blog/cips-and-the-international-role-of-the-renminbi/) |
imported>Doug Williamson (Mend link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 6: | Line 6: | ||
2. | 2. ''Procurement.'' | ||
Chartered Institute of Procurement and Supply. | Chartered Institute of Procurement and Supply. | ||
| Line 20: | Line 20: | ||
* [[CIPD]] | * [[CIPD]] | ||
* [[Clearing]] | * [[Clearing]] | ||
* [[ | * [[Hong Kong Monetary Authority]] (HKMA) | ||
* [[Interbank]] | * [[Interbank]] | ||
* [[Procurement]] | |||
* [[RMB]] | * [[RMB]] | ||
* [[Settlement]] | * [[Settlement]] | ||
Latest revision as of 09:57, 25 June 2022
1. Payments - payment systems - China.
Abbreviation for the Cross-border Interbank Payment System, headquartered in China.
It provides clearing and settlement systems for cross-border RMB payments and trade.
2. Procurement.
Chartered Institute of Procurement and Supply.
(Usually pronounced 'sips', but not to be confused with SIPS = Systemically Important Payment System).
