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Mr. Tao Xiuming was Invited to the RMB Foreign Exchange (FX) Forum
Issue date:20 May 2016

Mr. Tao Xiuming, founding partner of JunZeJun Law Offices, participated at the RMB Foreign Exchange (FX) Forum held by Continuous Linked Settlement (CLS) on 18 May, 2016, and made a speech on the effectiveness of close-out netting mechanism under the Chinese Law.
CLS is one of the largest multi-currency cash auditing service suppliers in the world, providing foreign exchange payment and auditing services for 18 currencies. Their members are comprised of the world’s largest financial institutions. Its third-party clients included banks, fund companies, non-bank financial institutions and multi-national corporations.
Key words: CLS RMB Foreign Exchange