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BNY Mellon combines with HKMA to help US issuers tap dim sum bonds
The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.
Hong kong
Stanley chan
Asia pacific
Fangfang chen
Haymarket media
Hong kong monetary authority
Us withholding tax administration
Tax administration
Central moneymarkets unit
Bond connect
Bny mellon
Dim sum bonds
Hong kong monetary authority
Gas tax
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