Payments & Settlements

Payments & Settlements

The New Cold War Is Financial

By Tom Keatinge | 29/09/2020

Banks and financial infrastructure are emerging as an expanding front in geopolitics, writes RUSI’s Tom Keatinge.

Payments & Settlements

PayNow Banks Raise Default Limit for Ad-hoc Transactions

By Editors | 28/09/2020

Customers can enjoy the convenience of making higher value transfers without adding the recipient as a payee, ABS said in a statement.

CBDCs

HKMA Selects ConsenSys to Lead Next Phase of CBDC Project

By Editors | 28/09/2020

Project Inthanon-LionRock studied the application of a CBDC for cross-border payments. ConsenSys will lead implementation of the project’s next phase.

Trading & Investment

FTSE Russell to Include Chinese Govt Bonds in Global Index

By Editors | 27/09/2020

FTSE Russell cites significant market infrastructure improvements to expand access to international investors, improve liquidity, and develop settlement and custody processes.

Cryptocurrency

EU Unveils Digital Finance Strategy, Crypto-asset Framework

By Manesh Samtani | 27/09/2020

The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.

Clearing & Post-Trade

ASX Responds on Tranche 2 Rule Changes for CHESS Replacement

By Editors | 26/09/2020

The consultation on the 2nd tranche of rule changes covered operating rules relating to corporate actions, mFund and RTGS payment aspects for the new system.

Trading & Investment

FSDC Calls For HK-listed Derivatives Tracking A-Shares

By Manesh Samtani | 24/09/2020

Once the new A-share based derivatives products are launched in Hong Kong, they should be opened up to Mainland investors via Stock Connect.

Clearing & Post-Trade

HKEX Preparing to Launch New IPO Platform, FiNI

By Editors | 24/09/2020

The new IPO platform will streamline current IPO processes and shorten the time between IPO pricing and the listing of new shares.

Trading & Investment

China to Further Relax Foreign Access to Bond Market

By Manesh Samtani | 23/09/2020

The PBOC and SAFE are consulting on new rules that will reduce restrictions on outward remittances for institutional investors, among other rule changes.