Payments & Settlements

Structural Regulation

India Streamlines Process, Shortens Timeline for Foreign Investment Approvals

By Nithya Subramanian | 11/05/2026

The new paperless framework aims to streamline investment processing but extends the previous 10-week deadline and retains strict security checks for sensitive sectors.

Payments & Settlements

BB Issues Consolidated Rules for Transport Remittances

By Editors | 10/05/2026

Bangladesh’s central bank has issued a unified circular for outward remittances by transport firms, introducing new rules for currency accounts and tour operators.

Structural Regulation

Hong Kong Pushes Yuan, Mediation in Bid to Become Commodities Hub

By Sanday Chongo Kabange | 08/05/2026

New initiatives include a specialised mediation panel, a 50% profits tax concession, and a push for more yuan-denominated products and pricing.

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.