Payments & Settlements

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

    image

    Payments & Settlements

    India to Begin Work on Interoperable Online Banking Payments

    By Ajoy K Das | 26/03/2024

    NBBL, large banks and fintechs in talks to start work on the new platform next month.

    image

    Payments & Settlements

    BSP Issues New Manual of Regulations for Payment Systems

    By Sanday Chongo Kabange | 26/03/2024

    ​The manual sets out rules and regulations governing the operations of the national payment system, as well as payment providers.

    image

    Clearing & Post-Trade

    ESMA Publishes Industry Feedback on Adoption of T+1 in Europe

    By Mark Johnston | 26/03/2024

    The feedback was mixed. ESMA will seek to better understand the suitability, costs and benefits of a shorter settlement cycle and publish a final report by Jan 2025.

    image

    Payments & Settlements

    Australia’s High Value Clearing System Has Adopted ISO 20022

    By Mark Johnston | 25/03/2024

    The transition was one of the “largest and most complex programmes of work AusPayNet has undertaken to date in-house,” said CEO Andy White.

    image

    PEPs & Sanctions

    EU Leaders to Advance Plans to Use Profits from Russia Assets

    By Editors | 23/03/2024

    Total financial contributions for Ukraine are expected to be around EUR 4.0-4.5 billion this year. Banks are concerned about legal action from Russia.

    image

    PEPs & Sanctions

    Armenian Banks Stop Accepting Russian Mir Cards – Reports

    By Editors | 22/03/2024

    The Union of Armenian Banks attributed the decisions to the risk of secondary sanctions from the US.

    image

    Structural Regulation

    EU, China Hold Inaugural Meeting of New Working Group

    By Mark Johnston | 22/03/2024

    Regulators from both sides discussed AML, supervisory cooperation, sustainable finance, capital markets, cross-border data transfers, payments, and CCP equivalence.

    image

    Clearing & Post-Trade

    SEBI to Launch “Beta” Version of T+0 Settlement System on 28 March

    By Ajoy K Das | 22/03/2024

    The new optional same-day settlement cycle for equities will be tested with a “limited set of 25 scrips” and a “limited number of brokers”.

    image

    PEPs & Sanctions

    More Chinese Banks Stop Accepting Russian Payments – Reports

    By Editors | 22/03/2024

    Ping An Bank, Bank of Ningbo, Guangfa Bank and Shenzhen Rural Commercial Bank are among those that have all stopped accepting yuan payments from Russia.

    image

    Structural Regulation

    Thailand Opens Applications for Virtual Bank Licences

    By Editors | 21/03/2024

    True Corp, Gulf Energy Development and Siam Commercial Bank’s holding company are among those planning to apply for a licence.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.