Progress of RMB internationalisation ‘spectacular’, says SFC official

Alexa Lam at the SFC

China's progress in internationalising its currency over the past three years has been "quite spectacular", but there is still some way to go before renminbi becomes a fully fledged global reserve currency – a key development in the internationalisation of any currency – according to a senior Hong Kong regulator.

Speaking at the FX Week Asia conference in Singapore last week, Alexa Lam, deputy chief executive of Hong Kong's Securities and Futures Commission, gave an overview of the major

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account