ADVERTISEMENT
Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.

Clearing & Post-Trade
ESMA Proposes 11 October 2027 for Migration to T+1 Settlement
By Manesh Samtani | 19/11/2024
ESMA says 11 October 2027 is the optimal date for the transition, and that it must be coordinated with other jurisdictions in Europe.

Payments & Settlements
HKMA Asks Merchant Acquiring Banks to Promote Mobile POS
By Sanday Chongo Kabange | 19/11/2024
Banks are asked to promote adoption of mobile POS terminals by merchants to help expand coverage “as far as practicable”.

Trading & Investment
Philippines Launches Peso Interest Rate Swaps Market
By Sanday Chongo Kabange | 18/11/2024
The PESO IRS market will help deepen the capital market, boost trading and liquidity, and promote the development of yield curves.

Payments & Settlements
HKEX Successfully Completes First Severe Weather Trading Day
By Sanday Chongo Kabange | 15/11/2024
HKEX confirmed that all trading, settlement and clearing operations in its securities and derivatives markets functioned normally.

Payments & Settlements
Russia, Iran Implement First Phase of Payment System Linkage
By Editors | 13/11/2024
Travellers from Iran can now use riyal balances on their Shetab debit cards at ATMs in Russia to withdraw rubles.

CBDCs
China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card
By Editors | 12/11/2024
The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

Structural Regulation
RBI Expands Trade Reporting Requirements to Include FX Spot Deals
By Editors | 12/11/2024
The new reporting requirements are aimed at ensuring the RBI has a more complete view of the FX market for monitoring and regulatory purposes.

PEPs & Sanctions
Chinese SOE Sinosure Refusing to Insure Exports to Russia – Report
By Editors | 11/11/2024
Sinosure has reportedly begun to refuse to insure exports of certain goods to Russia, with some Chinese suppliers being blacklisted.

Custody & Infrastructure
UBS Pilots Digital Cash for Cross-Border Payments
By Nithya Subramanian | 11/11/2024
UBS Digital Cash is aimed at boosting efficiency, transparency, and liquidity management for corporate and institutional clients.

Payments & Settlements
NETS, Liquid Group Announce Expanded SGQR+ Services
By Nithya Subramanian | 11/11/2024
The expansion of services by NETS and Liquid Group follows the successful POC launch of SGQR+ by the MAS last November.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.