Payments & Settlements

Clearing & Post-Trade

India Plans Electronic Platform for Bond Forward Trades

By Nithya Subramanian | 08/05/2026

CCIL is developing a platform for bond forwards to improve transparency and risk management in the largely over-the-counter market.

AI Risk & Governance

India’s NPCI Explores Agentic AI to Reduce UPI Compliance Burden

By Nithya Subramanian | 08/05/2026

NPCI is exploring an agent-to-agent AI model to reduce compliance certification for banks and fintechs from weeks to days.

Payments & Settlements

HKMA Launches Cargo-x Pilot to Digitalise Trade Finance

By Sanday Chongo Kabange | 08/05/2026

The programme, involving 21 banks, will test use cases for cargo and trade data to improve SME access to financing.

Liquidity Risk

Indonesia Unveils Seven-Point Plan to Defend Rupiah

By Nithya Subramanian | 08/05/2026

The measures include intensified market intervention and a lower limit for dollar purchases without underlying documents to curb speculation.

Structural Regulation

RBI Overhauls Forex Rules, Halts New Money Changer Licences

By Nithya Subramanian | 08/05/2026

India’s central bank has rationalised its framework for authorised persons, introducing new dealer categories and phasing out money changers and franchisee arrangements.

Payments & Settlements

CPMI Chair Urges National Action to Avert Payments Fragmentation

By Manesh Samtani | 06/05/2026

Fabio Panetta calls on jurisdictions to develop national action plans to fix cross-border payments, warning that geopolitical rivalry threatens to fragment the global system.

AI Risk & Governance

BOK Governor Puts AI, Digital Won at Centre of New Agenda

By Mark Johnston | 06/05/2026

The move is part of new governor Hyun Song Shin's broader push for a revamped financial stability framework, digital innovation, and structural reform.

Emerging Prudential Risks

ASEAN+3 to Bolster Financial Safety Net Amid Rising Risks

By Manesh Samtani | 05/05/2026

Ministers and governors have endorsed a roadmap for a paid-in capital structure for the CMIM and new work on cross-border digital payments.

Payments & Settlements

ASEAN+3 to Deepen Dialogue on Cross-Border Payments, Stablecoins

By Nithya Subramanian | 05/05/2026

The new process will focus on retail and wholesale payment linkages, while addressing regulatory fragmentation and stablecoin risks.