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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
Philippines Proposes Steeper Fines for Payment Reporting Lapses
By Mark Johnston | 05/11/2025
The central bank is consulting on daily fines and non-monetary sanctions for non-compliant payment system operators.

Trading & Investment
China to Expand Stock Connect, Deepen Integration with Hong Kong
By Manesh Samtani | 05/11/2025
Regulators at the Global Financial Leaders' Investment Summit announced plans to expand Stock Connect and support the launch of government bond futures in Hong Kong.

Payments & Settlements
India’s NPCI, Razorpay to Enable UPI Payments in Malaysia
By Nithya Subramanian | 05/11/2025
Tourists to Malaysia will soon be able to pay local merchants directly in ringgit using their UPI apps.

Payments & Settlements
India Fintech Foundation Flags UPI Duopoly, Urges RBI to Act
By Nithya Subramanian | 04/11/2025
The industry body has cautioned that two dominant apps now control most UPI transactions, warning this could threaten competition and the stability of India’s digital payments network.

Operational Risk
APRA to Consult on Easing New Operational Risk Standard
By Sanday Chongo Kabange | 03/11/2025
APRA is proposing targeted changes to its new operational risk standard following industry feedback on dealing with market-mandated providers.

Clearing & Post-Trade
SEBI Delays T+0 Stock Settlement Rollout for Brokers Again
By Editors | 03/11/2025
SEBI cited technological and operational readiness challenges at major brokers for the second postponement of the optional same-day settlement system.

Structural Regulation
Sri Lanka Launches Registry for Movable Asset Lending
By Mark Johnston | 03/11/2025
The new system, based on the 2024 Secured Transactions Act, allows lenders to register security interests in movable and intangible collateral.

Clearing & Post-Trade
HKEX Clearing Houses to Overhaul Cash Collateral Rules
By Sanday Chongo Kabange | 02/11/2025
The changes, effective January 2026, will restrict the use of Japanese yen and Singapore dollar and introduce stricter requirements for Chinese yuan.

Trading & Investment
Hong Kong Promotes Deeper Financial Ties With Saudi Aradia
By Manesh Samtani | 31/10/2025
Financial Secretary Paul Chan highlighted the 'Rail-plus-Property' model. HKIC to attract capital and position the city as a key gateway.

Payments & Settlements
RBI Proposes New Guidelines for Cross-Border Inward Payments
By Nithya Subramanian | 31/10/2025
The draft circular aims to reduce delays in crediting funds to beneficiaries and improve efficiency under Payments Vision 2025.
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