Payments & Settlements

Cloud & Infrastructure

BigTechs, Outsourced Services Pose Financial System Risk – FSB

By Manesh Samtani | 14/02/2019

The FSB warns that BigTechs can achieve scale in finance very quickly, raising competitive pressures on incumbents. Rising dependencies on third-party services also present risks.

Trading & Investment

SEBI to Move Volatile Equity Derivatives to Physical Settlement

By Editors | 11/02/2019

Equities derivatives with heightened volatility will see an earlier than expected move to mandatory physical settlement, SEBI’s latest effort to reduce speculation and volatility.

Clearing & Post-Trade

ASIC ‘Well-Placed’ to Manage Impacts of No-Deal Brexit

By Editors | 08/02/2019

ASIC says it is carefully monitoring developments and has been liaising closely with UK and Australian authorities to plan for potential Brexit-related impacts.

Payments & Settlements

SWIFT to Test New Gateway Enabling gpi for E-commerce

By Editors | 01/02/2019

The proof-of-concept will enable gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation for on trade platforms.

Payments & Settlements

MAS Extends Deadline to Implement E-payments User Protection Guidelines

By Editors | 01/02/2019

The MAS is allowing an extra six months for compliance with its e-payments user protection guidelines, following requests from banks for more time to implement system changes.

Trading & Investment

ASX Consults on Moving Bank Bill Futures to Cash Settlement

By Editors | 30/01/2019

The move is expected to increase participation from swap dealers and offshore entities in Australia’s most actively traded listed short term interest rate derivative.

Clearing & Post-Trade

HKEX Enables Central Clearing for Deliverable FX Forwards, Swaps

By Manesh Samtani | 25/01/2019

Enabled by Traiana infrastructure, HKEX OTC Clear is offering the first clearing service for deliverable FX forwards and swaps in the USD/CNH and USD/HKD currency pairs.

Payments & Settlements

Australia Consults on Strategic Vision for Payments Sector

By Editors | 23/01/2019

The Australian Payments Council is inviting comments to review it 2015 Australian Payments Plan aimed at supporting digital payments.

Payments & Settlements

India Mulls Loosening Norms for New Players in Retail Payments

By Garima Chitkara | 22/01/2019

Concerned about the concentration risk posed by the NPCI, the central bank has proposed relaxing some requirements for new firms looking to operate payment systems in India.