Markets & Infrastructure

Payments & Settlements

India Overhauls Currency Management With New Master Directions

By Editors | 02/04/2026

The RBI has issued new directives consolidating rules on counterfeit notes, exchange facilities, and a revised framework of penalties and incentives for banks.

Payments & Settlements

India and Bhutan to Link UPI with Postal Network for Remittances

By Editors | 02/04/2026

A new agreement will use the postal network to facilitate cross-border payments, aiming to boost financial inclusion for citizens in both nations.

Trading & Investment

RBI Bans Rupee NDFs, Tightens Forex Rules to Curb Volatility

By Manesh Samtani | 02/04/2026

The central bank has prohibited non-deliverable derivatives and the rebooking of cancelled contracts to rein in speculation and stabilise the rupee.

Payments & Settlements

Swift Details Next Phase of ISO 20022 Migration Deadlines

By Manesh Samtani | 02/04/2026

Following the end of MT/MX coexistence, Swift has outlined key upcoming milestones for address structuring, investigations, and payment initiation messages.

Clearing & Post-Trade

ASX Finalises Rule Changes for mFund Service Closure

By Editors | 02/04/2026

ASX has confirmed the timeline and rule amendments for the wind-down of its managed fund settlement service, mFund.

Trading & Investment

SC Malaysia Revises Guidelines to Facilitate Private Debt Investment

By Manesh Samtani | 02/04/2026

The revisions, effective 30 March 2026, aim to create a formalised framework for the issuance of and investment into private debt and Islamic private debt.

Trading & Investment

SGX Announces Launch Date for APAC Government Bond Futures

By Manesh Samtani | 02/04/2026

The new USD-settled contracts are designed to provide a standardised tool for managing sovereign interest rate risk across five key markets.

Structural Regulation

Malaysia Proposes Major Overhaul of Key Equity Indices

By Sanday Chongo Kabange | 01/04/2026

A consultation is underway to expand the benchmark FBMKLCI to 50 stocks and align its methodology with regulatory diversification principles for investment funds.

Payments & Settlements

EU Payments Strategy Targets Cross-Border Links with Asia

By Manesh Samtani | 01/04/2026

The strategy details plans for a digital euro and new rules for tokenised assets, with a significant focus on strategic autonomy.