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

Clearing & Post-Trade
SGX Consults on Shift to Omnibus Broker Custody Model
By Nithya Subramanian | 02/02/2026
SGX RegCo has proposed rule changes to allow wider use of broker custody accounts, aiming to align Singapore’s post-trade framework with global practices.

Structural Regulation
Vietnam Outlines Strategy for Ho Chi Minh Financial Hub
By Manesh Samtani | 02/02/2026
The plan for Ho Chi Minh City focuses on four pillars: capital markets, trade finance, fintech, and niche financial services.

Trading & Investment
PBOC Adopts Global Repo Standard in Major Market Access Reform
By Editors | 02/02/2026
The PBOC has recognised the GMRA for onshore repo trades, a move set to simplify access and reduce capital costs for foreign investors.

Structural Regulation
India Expands Market Access for EU Banks Under New FTA
By Nithya Subramanian | 02/02/2026
European banks will be allowed to open up to 15 branches in India over four years, alongside provisions permitting 100 percent FDI in insurance and 74 percent in banking services.

Clearing & Post-Trade
SEBI to Scrap Letter of Confirmation System, Cutting Demat Credit Time
By Editors | 02/02/2026
The new rules, effective from April 2026, will see securities credited directly to demat accounts, reducing the process to 30 days.

Trading & Investment
HKEX Lists First Physically-Redeemable Gold ETF in a Decade
By Sanday Chongo Kabange | 30/01/2026
The new fund, part of a push to create a gold trading hub, features defined market-making rules and a landmark physical redemption option.

Payments & Settlements
BIS Project Maps Path to Quantum-Ready, Scalable Payment Systems
By Manesh Samtani | 30/01/2026
A new proof-of-concept explores a modular architecture to handle high volumes and future-proof financial market infrastructures against quantum threats.

Conduct, Culture & Accountability
Indian Bank Unions Strike Over Delayed Five-Day Week Approval
By Manesh Samtani | 29/01/2026
Strike disrupts operations at public sector and regional rural banks as unions demand the government implement previously agreed-upon five-day work week.

Trading & Investment
Hong Kong to Review Listing Rules, Transition to T+1 Settlement
By Sanday Chongo Kabange | 29/01/2026
Financial Secretary Paul Chan outlined a multi-pronged strategy to bolster market competitiveness, including developing new gold and RMB products.

Payments & Settlements
India’s UPI Set for Debut in Japan to Facilitate Payments
By Nithya Subramanian | 28/01/2026
UPI will be trialled in Japan in 2026, allowing Indian tourists to make seamless digital payments at local merchants via familiar apps.
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