Payments & Settlements

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

    image

    Tokenisation

    Hong Kong: Prototype Created to Issue Electronic Bills of Lading

    By Manesh Samtani | 21/03/2024

    The eBL prototype, developed by GSBN and Ant Group,  is being used in the HKMA’s wholesale CBDC sandbox project.

    image

    CBDCs

    ECB Establishes Seven New Digital Euro Rulebook Workstreams

    By Editors | 20/03/2024

    The workstreams are aimed at developing rulebook proposals covering UX standards, a certification and approval framework, risk management, and implementation specifications.

    image

    Payments & Settlements

    US Move to T+1 Settlement Poses Systemic Risk to Europe

    By Mark Johnston | 20/03/2024

    EFAMA says in a policy paper that the US move to a T+1 settlement cycle could dmea European fund managers would be unable to meet CLS cut-off times.

    image

    Trading & Investment

    Bursa Malaysia Launches New Soybean Oil Futures Contract

    By Ranamita Chakraborty | 19/03/2024

    Bursa Malaysia is the first exchange outside of China licensed to use commodity futures settlement prices from the Dalian Commodity Exchange.

    image

    Payments & Settlements

    China UnionPay Launches Project to Optimise Payment Services

    By Editors | 18/03/2024

    China UnionPay will spend CNY 3 billion on acceptance terminal upgrades, signage placement and publicity in key cities.

    image

    Clearing & Post-Trade

    SEBI to Scale Back Launch of Optional T+0 Settlement Cycle

    By Ajoy K Das | 18/03/2024

    SEBI said the “beta version” of the optional T+0 settlement system has been approved by its board, but only for a “limited set of 25 scrips” and “with a limited set of brokers”.

    image

    Payments & Settlements

    UK Drafts ‘Debanking’ Law in Wake of NatWest Controversy

    By Mark Johnston | 18/03/2024

    HM Treasury has proposed legislation that aims to protect consumers from arbitrary financial exclusion based on political views.

    image

    Payments & Settlements

    Japan, ASEAN Plan Joint QR Code Payment Services

    By Nithya Subramanian | 15/03/2024

    A standardised QR code payment system will be developed to connect service providers in different countries, facilitating cashless payments across borders.

    image

    Clearing & Post-Trade

    ASX Consults on Two-Stage Approach for CHESS Delivery

    By Sanday Chongo Kabange | 15/03/2024

    ASX is targeting Q1 2026 for implementation of the first stage of the new CHESS system, and 2028 or 2029 for the second stage.

    image

    Payments & Settlements

    PBOC Releases Payment Services Guide for Foreign Visitors

    By Editors | 14/03/2024

    The guide introduces and provides instructions on a variety of payment methods available to foreigners in China.

    JOIN OUR NEWSLETTER

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