Payments & Settlements

Trading & Investment

UK Chancellor Plans for Trading Link with China

By Editors | 25/09/2015

British Chancellor George Osborne has announced a “landmark feasibility study” to explore how to link the UK and China stock […]

Clearing & Post-Trade

HKEx Announces CCASS Service Enhancements

By Editors | 21/09/2015

HKEx has announced the introduction of further CCASS service enhancements relating to Shanghai-Hong Kong Stock Connect in two stages, subject to SFC approval.

Custody & Infrastructure

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

By Editors | 15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

Payments & Settlements

Indonesia to Ease Banking Restrictions on Foreigners

By Editors | 10/09/2015

Indonesia’s Financial Services Authority will allow foreigners to open dollar savings accounts at local banks in a bid to further improve foreign exchange liquidity in the country.

Payments & Settlements

Myanmar to Adopt Real-Time Clearing and Settlement

By Editors | 09/09/2015

The Central Bank of Myanmar is planning to adopt a real-time gross settlement system for the first time by the end of this year.

Payments & Settlements

Australia Payments System Board signs MoU with Payments Council

By Editors | 01/09/2015

The Memorandum of Understanding sets out a framework for engagement between the two bodies and will enhance industry coordination in dealing with cooperative issues that arise in the payments system.

Payments & Settlements

India Grants Payments Banks Licenses to Corporates

By Editors | 01/09/2015

The Reserve Bank of India has approved eleven non-financial corporations to become payments banks, a new classification of financial institution that can offer basic banking and payment services.

Structural Regulation

China Eases Property Investment Rules for Foreigners

By Editors | 31/08/2015

China has relaxed its property investment rules for foreigners, allowing them to buy as many properties as they wish and loosening restrictions on loans and settlement in foreign currencies.

Payments & Settlements

PBOC Should Rein in Online Payment Providers

By Editors | 23/08/2015

China government researchers are advising the central bank to rein in the growth of third-party payment providers by increasing entry thresholds and encouraging existing firms to merge.