Payments & Settlements

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

    Emerging Prudential Risks

    FSB Updates G20 on Work to Strengthen Financial System Resilience

    By Editors | 12/10/2022

    FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.

    Payments & Settlements

    Worldline, NPCI to Enable Indian UPI Payments Across Europe

    By Editors | 12/10/2022

    The first target markets are set to include Benelux (Belgium, the Netherlands, and Luxembourg) and Switzerland, with further plans for expansion.

    Trading & Investment

    Bangladesh Starts Trading Government Securities on Exchanges

    By Editors | 11/10/2022

    Allowing government securities to trade on the stock market is expected to enhance the demand for fixed income instruments.

    Payments & Settlements

    FSB Unveils Plans for Next Phase of Cross-Border Payments Work

    By Editors | 11/10/2022

    The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

    Payments & Settlements

    NPCI Signs MOU to Enable UPI Payments in Oman

    By Editors | 05/10/2022

    NPCI and Oman’s central bank will study the possibility of connecting the UPI and RuPay card systems used in India with similar systems in Oman.

    Structural Regulation

    Australia Releases Report Addressing Bank Branch Closures

    By Editors | 05/10/2022

    The report says banks need to improve communication and support provided to local communities when regional branches close or their hours are reduced.

    Structural Regulation

    SEBI to Amend IPO Framework, Introduce Bond Platform Rules

    By Editors | 04/10/2022

    At its board meeting, SEBI also decided to allow net settlement between the cash and derivatives segments, which will enable netting benefits and reduce margins.

    Payments & Settlements

    Australian Regulators Propose Measures to Address De-Banking

    By Editors | 04/10/2022

    A CFR policy paper provides four recommendations to address de‑banking of fintechs, crypto exchanges and remittance firms.

    Payments & Settlements

    NPCI, TerraPay Partner on Cross-Border Payments

    By Editors | 03/10/2022

    The partnership will allow Indian customers and merchants in India with an active UPI ID to make and accept cross-border payments globally.

    Clearing & Post-Trade

    RBA Expresses Concerns Over CHESS System Delays in ASX Assessment

    By Editors | 02/10/2022

    ASX recorded a “strike” against the adoption of its remuneration report, which included a A$1.2mn bonus for former CEO Dominic Stevens despite the CHESS replacement delay.

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