MARKET INFRASTRUCTURE

Fintech / Regtech

HKMA Launches Developer Platform for IADS Initiative

By Manesh Samtani | 24/10/2024

The platform provides test data and simulated APIs to facilitate collaboration between banks and tech firms to develop data-driven products and services.

Market Infrastructure

RBI Expands Access to Electronic Trading Platform for G-Secs

By Mark Johnston | 24/10/2024

Access to NDS-OM will expand to regional rural banks, local area banks, NBFCs, provident funds, pension funds, and regulated MIIs.

Market Infrastructure

SIX Signs Cooperation MoU With Hong Kong’s CMU OmniClear

By Manesh Samtani | 24/10/2024

SIX and the HKMA subsidiary will cooperate to unlock further cross-border investment opportunities between Switzerland and Hong Kong.

Crypto / Digital Assets

CBDC Platform mBridge is Open to US Dollar Inclusion: Central Bankers

By Editors | 24/10/2024

Current and former central bankers speaking at Sibos discussed the importance of the mBridge platform and how it can evolve to meet broader market needs.

Crypto / Digital Assets

FSB Chair Updates G20 on Work to Maintain Financial Stability

By Manesh Samtani | 23/10/2024

The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

Fintech / Regtech

Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report

By Mark Johnston | 22/10/2024

A Swift report says  90 percent of cross-border payments made over its network now reach the destination bank within an hour.

Securities / Derivatives

SFC Announces Fast Track Process for Simple Fund Authorisations

By Manesh Samtani | 22/10/2024

Under FASTrack, the SFC will take up applications within five business days of receipt, and grant authorisation within 10 business days from the take-up date.

Big Picture

FSB Reports on Progress to Enhance Cross-border Payments

By Manesh Samtani | 22/10/2024

Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.

Fintech / Regtech

PBOC Forges Ahead with Market Opening, Offshore Use of Yuan

By Editors | 22/10/2024

Lu Lei says the PBOC will stay steadfast on further opening up the market for more foreign participation, and promote the interlinking of payment systems.