Payments & Settlements

Structural Regulation

Taiwan, India Regulators Sign MoU on Cooperation, Market Access

By Mark Johnston | 08/12/2025

Taiwan's FSC and India's IFSCA established a framework for information exchange, regulatory enforcement, and cross-border branch expansion.

Payments & Settlements

Russian Banks Seeking RBI Approval to Expand Footprint in India

By Nithya Subramanian | 08/12/2025

Gazprombank and Alfa Bank seek RBI approval as the leaders of both countries agree to develop bilateral payment systems and expand trade.

Payments & Settlements

Korea Mandates New Risk Checks for Payment Gateway Partners

By Sanday Chongo Kabange | 08/12/2025

The FSS will require firms to assess sub-contracting payment gateways to curb risks from complex online payment chains.

Payments & Settlements

Vietnam and China Launch Cross-Border QR Payment System

By Sanday Chongo Kabange | 05/12/2025

The programme, connecting UnionPay and VietQR, promotes yuan use and will initially involve ICBC and Vietcombank as settlement banks.

Payments & Settlements

Philippine Proposes Rules Targeting Payment System Disruptions

By Sanday Chongo Kabange | 05/12/2025

The BSP’s draft rules mandate new incident reporting timelines and detailed business continuity plans for participants of the Peso RTGS.

Cybersecurity

FSS Korea Probes Coupang Pay, Gmarket After Major Data Breaches

By Mark Johnston | 05/12/2025

The FSS is scrutinising payment systems at major e-commerce platforms amid concerns over inadequate cybersecurity investment in the sector.

Clearing & Post-Trade

DTCC Flags Potential for Higher Margin, Capital Rules for US 24x5 Trading

By Manesh Samtani | 05/12/2025

Report highlights demand from APAC investors and outlines new operational and risk management considerations for firms trading US equities overnight.

KYC & CDD

RBI Extends LRS Daily Reporting to AD-II Banks and Money Changers

By Nithya Subramanian | 04/12/2025

Effective 1 January 2026, AD Category-II banks and money changers must file daily LRS returns directly to the RBI’s CIMS platform, aimed at tightening monitoring of individual remittances.

Clearing & Post-Trade

APAC Firms Face Significant Hurdles in European Shift to T+1

By Manesh Samtani | 04/12/2025

With the shift to T+1 set for October 2027, APAC firms face mounting operational challenges, especially in managing time zone differences and FX processes.