Market Infrastructure

Fintech / Regtech

Swift, HSBC and Ant Pilot Tokenised Deposits for Cross-border Payments

By Editors | 15/12/2025

The proof of concept used the ISO 20022 standard over Swift's network to address interoperability and compliance challenges for digital assets.

Securities / Derivatives

FIA Seeks Refinements to Hong Kong Investor ID Plan for Derivatives

By Sanday Chongo Kabange | 15/12/2025

The FIA has backed the plan in principle but is calling for significant operational adjustments to reduce complexity and align with market practices.

Market Infrastructure

Rules vs Principles: New Research Quantifies Impact on Economic Stability

By Manesh Samtani | 15/12/2025

A new quantitative study shows rules-based regulation dampens volatility, but implementation quality matters more than the label for mature hubs.

Securities / Derivatives

BCBS, IOSCO Publishes Assessment of Global UMR Implementation

By Manesh Samtani | 15/12/2025

The assessment finds no material issues with the rules, highlights success in increasing collateralisation, and provides insights into current market practices.

Fintech / Regtech

BIS Bulletin Calls for Regulatory Action on Cross-Border Payments

By Manesh Samtani | 13/12/2025

The bulletin says inconsistent jurisdictional implementation is slowing progress, urging action on standards and non-bank access.

Securities / Derivatives

China to Guide Bank Lending, Deepen Capital Market Reform in 2026

By Editors | 13/12/2025

Beijing signals proactive fiscal and monetary policy while tasking financial institutions with supporting key sectors and managing property risks.

Market Infrastructure

Vietnam Set to Launch International Financial Centre in Ho Chi Minh City

By Nithya Subramanian | 12/12/2025

Authorities say that new decrees and strong interest from more than 50 institutional investors are paving the way for the launch of the IFC this month.

Market Infrastructure

BCBS Publishes New Standard on Third-Party Risk Management

By Sanday Chongo Kabange | 12/12/2025

The new global standard addresses growing dependency on third-party providers and sets a common baseline for banks and supervisors.

Securities / Derivatives

Geopolitical, Cyber Risks Remain Top Threats for 2026: DTCC Survey

By Manesh Samtani | 11/12/2025

The annual survey shows top concerns unchanged, while highlighting regional differences and emerging AI risks for the global financial system.