ADVERTISEMENT
Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.
Trading & Investment
SGX, NSE Formally Launch Trading Link at GIFT City
By Editors | 01/08/2022
NSE IFSC-SGX Connect is ready to trade and clear Nifty equity derivatives for global institutions, with seven SGX members already onboarded.
Trading & Investment
India Launches First International Bullion Exchange
By Editors | 01/08/2022
The exchange is expected to facilitate efficient price discovery; ensure standardisation, quality assurance and sourcing integrity; and help bring more foreign traders to India.
Payments & Settlements
BSP to Ease Documentary Requirements for FX Transactions
By Editors | 31/07/2022
The BSP has proposed draft rules to ease the documentary requirements for registering inward investments and FX remittances to fund investments.
Payments & Settlements
RBI Allows Payment Aggregators Time To Obtain Licenses
By Editors | 31/07/2022
Companies already providing payment aggregator services now would be allowed until 30 September 2022 to submit licence applications
Operational Risk
HKMA Directs Banks to Ensure Resiliency of Payment Operations
By Manesh Samtani | 31/07/2022
Payment-related operational incidents have impacted banks, their customers, as well as other financial institutions, including in the securities sector.
Payments & Settlements
China Expands FX Management Autonomy for Multinational Firms
By Editors | 26/07/2022
The PBOC and SAFE have expanded a pilot programme that allows multinational companies to pool domestic and foreign currency funds.
Payments & Settlements
HKMA Further Enhances RMB Liquidity Facility
By Editors | 25/07/2022
The enhancements will increase the size of the RMB Liquidity Facility, streamline its operation, and reduce the rates applicable to overnight repo.
Structural Regulation
Fed Consults on Default Rules for Legacy LIBOR Contracts
By Editors | 24/07/2022
The rules would implement a law enacted earlier this year that provides a uniform solution for replacing LIBOR references in contracts without adequate fallback provisions.
Payments & Settlements
Central Bank Liquidity Bridges Lower Costs of Cross-border Payments
By Editors | 24/07/2022
CPMI says central bank liquidity bridges can help reduce funding costs, FX costs, credit risks and operational risks for payment system participants.
Payments & Settlements
Mortgage Refinancing Transactions Made Safer in Hong Kong
By Editors | 21/07/2022
Under the new PAPT mechanism, mortgage refinance proceeds can be transferred directly from one bank to another rather than via a law firm.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.