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Clifford Chance

Clifford Chance

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China Hong Kong Swap Connect to Launch on 15 May 2023

2 October 2023

The People's Bank of China ("PBOC"), the Hong Kong Monetary Authority and the Securities and Futures Commission jointly announced on 5 May 2023 that northbound trading under the mutual access arrangement between the Mainland and Hong Kong interest rate swap markets (generally known as the "Swap Connect" programme) would commence on 15 May 2023.

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