Payments & Settlements

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

    Payments & Settlements

    Australia Finalises ISO 20022 Migration Approach for Payment System

    By Editors | 27/02/2020

    From November 2021, all intermediaries for incoming cross-border payments must be able to receive ISO 20022 enhanced message content, and to pass on those messages in full.

    Clearing & Post-Trade

    ASX Consults on Tranche 2 Rule Changes for CHESS Replacement

    By Editors | 24/02/2020

    ASX is consulting on operating rules relating to corporate actions, mFund and RTGS payment aspects for ‘Day 1’ implementation of CHESS Replacement system functionality.

    Cybersecurity

    FSB Chair Sets Out Focus for Saudi G20 Presidency

    By Editors | 21/02/2020

    The focus areas include LIBOR transition, BigTechs in financial services, and the development of a cyber risk effective practices tookit.

    Payments & Settlements

    Thailand, Cambodia Launch Cross-Border QR Payments

    By Editors | 20/02/2020

    New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.

    Data Privacy

    FSC Korea Outlines Ten Policy Measures Targeting Innovation

    By Editors | 19/02/2020

    The policy tasks include measures to direct capital to SMEs and innovative startups, and promote inclusive finance, fintech and open banking.

    Liquidity Risk

    PBOC Injects Funds, Sterlises Bills to Contain Virus Epidemic

    By Editors | 18/02/2020

    The PBOC has lowered the interest rate on its medium-term lending facility, injected 100bn yuan in liquidity via reverse repos, and ordered banks to disinfect yuan bills.

    Payments & Settlements

    Vietnam Scraps Proposed Foreign Ownership Cap for Payments Firms

    By Editors | 14/02/2020

    The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.

    Clearing & Post-Trade

    ASX is Transforming Entire Technology Stack, says CEO

    By Editors | 14/02/2020

    Managing director and CEO Dominic Stevens said ASX’s strategy is not just about replacing CHESS or upgrading the futures trading system; the bourse is transforming its entire technology stack.

    Payments & Settlements

    Project Stella: Balancing Privacy & Auditability in DLT Environments

    By Editors | 13/02/2020

    The BOJ-ECB phase four study found that effective auditing can be achieved alongside privacy-enhancing technologies, if the auditor can obtain information from trusted sources.

    Payments & Settlements

    RBI Proposes Authorisation of New Retail Payment Systems

    By Editors | 12/02/2020

    The draft framework is said to be aimed at addressing concerns that the NPCI has become ‘too big to fail’ and presents increased concentration risk.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.