Markets & Infrastructure

Payments & Settlements

ABS Announces Simplified PayNow Mobile Payments with SGQR

By Editors | 12/11/2019

The Association of Banks in Singapore is trying to increase the convenience of peer-to-peer funds transfer service PayNow and make it “the ubiquitous payment mode in Singapore”.

Custody & Infrastructure

MAS Showcases Blockchain-based Prototype for Multi-Currency Payments

By Editors | 11/11/2019

The prototype network, developed by MAS in collaboration with JP Morgan and Temasek, will provide interfaces for other blockchain networks to connect and integrate seamlessly.

Structural Regulation

SEBI Issues New Operations Guidelines for Foreign Investors

By Editors | 11/11/2019

Under the new guidelines, banks from non-BIS countries are eligible for FPI licences, and foreign firms can directly invest in India on behalf of their clients.

Clearing & Post-Trade

Ageing Infrastructure Creating Derivatives Market Inefficiencies: ISDA Chief

By Editors | 10/11/2019

Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.

Conduct, Culture & Accountability

Malaysia Mandates Fair Treatment of Financial Consumers

By Editors | 10/11/2019

A new BNM policy document sets out expectations for financial firms to prioritise the interests of financial consumers and effectively manage conduct risks.

Structural Regulation

Myanmar to Open Applications for Foreign Bank Licensing

By Editors | 09/11/2019

Branch licences will allow wholesale banking activities, while subsidiary licences will permit retail banking services in addition to wholesale banking.

Payments & Settlements

RBI Invites First Sandbox Applicants to Test Retail Payments Products

By Editors | 09/11/2019

Initially, mobile payment services, offline payment solutions, and contactless payments will be considered for inclusion in the regulatory sandbox.

Market Data & Technology

APRA Launches Superannuation Data Transformation Project

By Editors | 08/11/2019

The initiative aims to drive better industry practices, enhance the consistency of reported data, and make it easier to compare fund and product performance.

Payments & Settlements

Thailand Eases Capital Controls to Stem Currency’s Rise

By Editors | 08/11/2019

Investors are allowed to invest up to $200,000 in foreign securities without going through a Thai intermediary, and restrictions on outward fund transfers have been eased.