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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.

Payments & Settlements
Singapore, Vietnam Target Q1 2026 for Launch of QR Payment Link
By Manesh Samtani | 18/12/2025
The cross-border payment initiative between Singapore's NETS and Vietnam's NAPAS is currently in a pilot phase with two Vietnamese banks.

Payments & Settlements
BIS Paper Proposes Auction Model to Boost RTGS Liquidity Efficiency
By Manesh Samtani | 18/12/2025
A new working paper suggests using auctions and side payments to improve liquidity efficiency in RTGS systems.

Payments & Settlements
Australia Abandons 2030 Target to Retire BECS Payments System
By Sanday Chongo Kabange | 17/12/2025
An industry body cited challenges in migrating to modern alternatives, even as the country's real-time payment network sees rapid growth.

Trading & Investment
HKEX to Consult on Lot Size Reform, Cautious on 24-Hour Trading
By Editors | 17/12/2025
HKEX plans to simplify its complex lot size system while weighing the significant operational challenges of extending trading hours

Payments & Settlements
Thailand Targets Gold Traders, FX Inflows to Curb Baht's Rise
By Sanday Chongo Kabange | 17/12/2025
The central bank is tightening scrutiny as the baht hits a four-year high, which the finance minister calls "unacceptable".

Payments & Settlements
New Zealand Proposes Major Overhaul of EFTPOS Device Security Framework
By Sanday Chongo Kabange | 17/12/2025
Payments NZ has opened a consultation on a risk-based approach to retiring payment terminals, proposing longer lifecycles for newer devices.

Payments & Settlements
Korea Finalises New Rules for Payment Gateways to Protect User Funds
By Nithya Subramanian | 17/12/2025
The revised law mandates 100% external management of unsettled funds and raises capital requirements for payment gateway service providers.

Payments & Settlements
Hong Kong: New eMPF System to Achieve Fee Reduction Target Ahead of Schedule
By Sanday Chongo Kabange | 17/12/2025
The new centralised digital platform is now expected to hit its primary administration fee reduction target in five years, not ten.

Liquidity Risk
Bank of Korea to Accept Loan Assets as Emergency Collateral
By Manesh Samtani | 16/12/2025
New facility aims to bolster liquidity backstops amid rising digital banking risks, expanding collateral beyond marketable securities.

Trading & Investment
Singapore, China Deepen Financial Ties with Market Access Initiatives
By Nithya Subramanian | 16/12/2025
Some of the key measures include expanded bond market access, secondary listings and digital currency payments pilot for travellers.
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