Market Infrastructure

    Crypto / Digital Assets

    MAS Completes First Live wCBDC Settlement on SGD Testnet

    By Nithya Subramanian | 14/11/2025

    The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.

    Fintech / Regtech

    UK, Singapore, Thailand to Jointly Test Synchronised FX Settlement

    By Nithya Subramanian | 14/11/2025

    The three central banks will trial atomic, real-time FX settlement using interoperable RTGS and DLT systems, aiming to strengthen cross-border payments infrastructure.

    Market Infrastructure

    Malaysia’s SC Consults on Reforms to Market Segmentation Framework

    By Nithya Subramanian | 14/11/2025

    The SC proposes higher profit bar for Main Market listings, flexibility for renewable energy listings and new rules to strengthen ACE Market’s role.

    Securities / Derivatives

    SFC Eases Client Interaction Rules for GBA Wealth Connect Scheme

    By Sanday Chongo Kabange | 14/11/2025

    The SFC has unveiled enhancements allowing one-off client consent and remote product discussions to improve the cross-boundary investment programme.

    Market Infrastructure

    BIS: Public Payment Systems Boost Welfare But Could Raise Merchant Fees

    By Manesh Samtani | 14/11/2025

    A new BIS paper finds public options like CBDCs can improve financial inclusion but may disintermediate banks and increase merchant fees.

    Fintech / Regtech

    BSP Flags Penalties, ISO 20022 Alignment in Push for 24/7 RTGS

    By Mark Johnston | 14/11/2025

    Philippines central bank consults FIs on regulatory adjustments and operational resilience for round-the-clock real-time payments.

    Securities / Derivatives

    Firms Adopting ISDA Digital Reporting Standard See Cost, Accuracy Benefits

    By Manesh Samtani | 13/11/2025

    A new ISDA report shows firms using the DRR standard for APAC and global rules achieve up to 50% cost savings and near-perfect reporting accuracy.

    Securities / Derivatives

    HKEX to Take 20pc Stake in HKMA’s CMU OmniClear Holdings

    By Mark Johnston | 13/11/2025

    Partnership aims to build a major regional CSD and advance Hong Kong’s fixed-income ecosystem and status as an RMB hub.

    Fintech / Regtech

    RBI Recognises First SRO for Payment System Operators

    By Nithya Subramanian | 13/11/2025

    The RBI has granted recognition to the Self‑Regulated PSO Association (SRPA) as a self-regulatory organisation for payment system operators, aimed at strengthening oversight.

    Securities / Derivatives

    Bursa Malaysia Unveils Cyber Resilience Framework for Stock Market

    By Nithya Subramanian | 12/11/2025

    The nine-pillar cyber resilience framework aims to bolster defences and reinforce investor confidence following the unauthorised trades incident earlier this year.

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