Payments & Settlements

Payments & Settlements

Japanese Trust Funds Align with Global Trends on FX Settlement Risk

By Makoto Miyazaki | 26/07/2020

Trust funds in Japan have started focusing on mitigating FX settlement risk, to which they have long been exposed. This article explains the change in focus and the factors behind this.

Structural Regulation

BOJ, FSA Again Urge FIs to Step Up Preparation for LIBOR Transition

By Editors | 23/07/2020

Financial institutions are urged to continue to take the necessary steps to ensure a smooth transition from LIBOR, even as they allocate resources to support Japanese businesses and households.

Trading & Investment

SEBI Directs Funds to Trade Corporate Bonds Through Exchanges

By Sanday Chongo Kabange | 23/07/2020

From October, SEBI will require mutual funds to trade at least 10 percent of their corporate bonds through RFQ platforms of stock exchanges to enhance transparency and price discovery.

Payments & Settlements

BNM Issues Draft Rules on Merchant Acquiring Services

By Editors | 22/07/2020

The exposure draft sets out regulatory requirements for merchant acquiring services to ensure proper risk management amid rapid changes in the e-payments landscape.

Payments & Settlements

China to Connect Interbank, Exchange Traded Bond Markets

By Editors | 19/07/2020

Qualified investors will be able to buy and sell tradable bonds in either of the two markets through a single nominee account, subject to meeting investor suitability requirements.

Capital Adequacy

G20 Officials Pledge Further Support to Global Economy

By Editors | 19/07/2020

The G20 officials have pledged to continue using all available policy tools to help support the global economy and enhance the resilience of the financial system.

CBDCs

BOT Enters Third Phase of CBDC Development

By Editors | 19/07/2020

The BOT is planning to expand CBDC use among large businesses and, in September, to transactions with the HKMA.

Payments & Settlements

CPMI Publishes Stage 2 Report on Enhancing Cross-Border Payments

By Editors | 14/07/2020

The report identifies 19 building blocks where further joint public and private sector work could enhance cross-border payments.

Payments & Settlements

MAS, Temasek, JPM Complete Final Phase of Project Ubin

By Editors | 13/07/2020

The prototype that was built can integrate with other blockchain-based platforms and be used for cheaper, faster and safer cross-border payments and to settle foreign exchange transactions.