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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
Banks Must Ensure Foreigners’ RMB Investment Returns Can Be ‘Freely Remitted’ – PBOC
By Samuel Riding | 08/01/2018
PBOC confirms overseas investors can use RMB funds to participate in China’s emissions trading market; send RMB profits, dividends back home.
Clearing & Post-Trade
Indonesia to Establish Derivatives CCP
By Editors | 03/01/2018
Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.
Clearing & Post-Trade
SEBI Seeks to Establish Clearinghouse Interoperability
By Editors | 24/12/2017
Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.
Structural Regulation
Shenzhen, Laos Exchanges Sign MoU on Capital Market Cooperation
By Editors | 19/12/2017
SZSE and LSX to share information, personnel, technology, expertise; financial infrastructure connectivity to facilitate cross-border ‘economic corridor’.
Payments & Settlements
Malaysia, Thailand and Indonesia Launch Local Currency Clearing
By Editors | 13/12/2017
Deal involving multiple regional banks, which takes effect on 2 January, will enable wider use of domestic currencies in financial investment.
Payments & Settlements
Japan, Singapore Developing Cross-border DLT Trade Prototype
By Editors | 07/12/2017
Mitsubishi UFJ- NTT DATA distributed ledger expected to make cross-border flows more secure through single, unified platform.
Trading & Investment
BoJ Urges Asian Local Currency Debt Market Development
By Garima Chitkara | 30/11/2017
Haruhiko Kuroda says firms in Asia need to diversify their sources of funding to protect against market shocks as ASEAN initiatives increase.
Clearing & Post-Trade
SGX Revamping Securities Settlement Processes
By Editors | 30/11/2017
Exchange consultation proposes move to T+2 settlement, simultaneous securities, money settlement in bid to prevent systemic risk.
Payments & Settlements
MAS Launches Bill to Consolidate Payments Regulation
By Garima Chitkara | 23/11/2017
Singapore has released a second consultation on its proposed payments regulatory framework.
Cybersecurity
MAS MD Sets out Fintech Regulation Agenda
By Editors | 16/11/2017
Ravi Menon sets out raft of initiatives including new Payment Services Bill, technology risk management guidelines, machine readable forms.
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