Payments & Settlements

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

    image

    Clearing & Post-Trade

    Swap Connect – A New Addition to the Connect Family

    By Chong Liew | 11/05/2023

    Swap Connect will mark another milestone for Hong Kong as a “super-connector” between mainland China and the rest of the world, says Chong Liew.

    image

    Fraud, Scams & Cybercrime

    MAS to Consult on Scam Loss Sharing Framework in Q3

    By Manesh Samtani | 09/05/2023

    Senior Minister Tharman Shanmugaratnam said the framework will include obligations for telcos, not just FIs and consumers.

    image

    CBDCs

    BNP Paribas to Start Providing e-CNY Services in China

    By Editors | 09/05/2023

    BNP Paribas will partner with Bank of China to launch an e-CNY services for corporate clients and explore the CBDC’s use in supply chain finance and other areas.

    image

    Cybersecurity

    BIS to Test Quantum Resistant IT Environments for Financial System

    By Editors | 09/05/2023

    “Project Leap” will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.

    image

    Payments & Settlements

    Indonesia, Malaysia Expand Cross-Border QR Payment Link

    By Editors | 08/05/2023

    The linkage will provide “faster, cheaper, more transparent and more inclusive cross-border payments”, said Bank Indonesia governor Perry Warjiyo.

    image

    Clearing & Post-Trade

    Regulators Announce 15 May Launch Date for Swap Connect

    By Editors | 06/05/2023

    Swap Connect will allow overseas investors to trade in Mainland interest rate swap contracts on CFETS via Tradeweb and Bloomberg.

    image

    Structural Regulation

    India Asks State Lenders to Bring Overseas Business to GIFT City

    By Editors | 05/05/2023

    India’s government has asked public sector banks to explore consolidating the business they conduct through overseas branches to GIFT City.

    image

    Payments & Settlements

    India, Russia Suspend Efforts to Enable Trade via Rupees – Report

    By Editors | 05/05/2023

    Russia is reportedly concerned that a rupee settlement mechanism could cause it to end up with a large rupee surplus which is “not desirable”.

    image

    Payments & Settlements

    RBI, BIS Launch G20 TechSprint Focusing on Cross-border Payments

    By Editors | 05/05/2023

    The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.

    image

    Emerging Prudential Risks

    ASEAN+3 Ministers Work to Bolster Regional Safety Net

    By Editors | 04/05/2023

    CMIM guidelines were updated to allow members to provide liquidity support in their own domestic currency and the local currencies of other members.

    JOIN OUR NEWSLETTER

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