Payments & Settlements

Payments & Settlements

RBNZ Outlines Legal Options to Mandate Public Access to Cash

By Sanday Chongo Kabange | 26/04/2026

The central bank detailed voluntary and statutory paths to ensure cash services, extending its public consultation amid strong interest.

Fraud, Scams & Cybercrime

Sri Lanka Probes $2.5m Cyber Heist from Finance Ministry

By Nithya Subramanian | 25/04/2026

Hackers diverted a sovereign debt repayment intended for Australia, prompting an investigation into internal control failures and triggering calls for greater parliamentary oversight.

Supervision & Enforcement

India Finalises Online Gaming Rules, Imposing New Obligations on FIs

By Nithya Subramanian | 25/04/2026

New rules effective 1 May establish a gaming authority and prohibit FIs from processing transactions for prohibited online money games.

Clearing & Post-Trade

China and Brazil Launch Bond Market Connectivity Scheme

By Mark Johnston | 24/04/2026

Bank of Communications has been named the exclusive pilot bank for the new mechanism, which marks the first such link between China and another emerging market.

Payments & Settlements

RBI Proposes Overhaul of Prepaid Payment Instrument Rules

By Nithya Subramanian | 24/04/2026

The draft rules introduce stricter capital norms for non-banks, new wallet categories, and mandate interoperability to bolster the payments ecosystem.

Payments & Settlements

Taiwan Confirms Plan to Allow Foreign Currency Dividend Payouts

By Sanday Chongo Kabange | 24/04/2026

The new rules, to be enabled by a mechanism launching in Q3 2026, will allow custodians to receive foreign currency dividends for foreign investors.

Payments & Settlements

Australia Unveils Bill to Regulate Critical Cash Services

By Sanday Chongo Kabange | 24/04/2026

The proposed framework gives new powers to the RBA and ACCC to ensure cash remains available amid declining use and rising costs.

Payments & Settlements

India, Korea Deepen Financial Ties with Regulatory, Payments Pacts

By Nithya Subramanian | 23/04/2026

The agreements include a regulatory MoU and a pact to integrate digital payment systems, aiming to boost investment and interoperability.

Payments & Settlements

RBI Consolidates E-Mandate Rules, Includes Cross-Border Payments

By Nithya Subramanian | 22/04/2026

The new framework standardises rules for recurring payments, introduces higher AFA-free limits for key financial products, and enhances consumer protection.