Payments & Settlements

Payments & Settlements

India's NPCI to Revamp UPI Settlement Framework

By Nithya Subramanian | 24/09/2025

NPCI will segregate authorised and dispute-related settlements to ease system congestion and speed up transaction processing for banks and users.

Tokenisation

HSBC Expands Tokenised Deposit Service To New Markets

By Sanday Chongo Kabange | 23/09/2025

HSBC says the DLT-based service has expanded to new markets, offering corporate clients 24/7 settlement and a regulated alternative to stablecoins for treasury management.

Trading & Investment

Korea to Broaden Access to FX Swaps for Securities Firms

By Mark Johnston | 23/09/2025

The Korea Securities Finance Corporation will enter the FX swap market next year, providing securities firms with a new channel to access foreign currency.

Clearing & Post-Trade

RBI Urges CCIL to Modernise Infrastructure for Rupee Internationalisation

By Mark Johnston | 23/09/2025

RBI Governor urges CCIL to build infrastructure for diverse currency pairs, leveraging technology to boost rupee internationalisation and retail access.

Payments & Settlements

RBNZ Opens Final Application Phase for New Payment System Access

By Sanday Chongo Kabange | 23/09/2025

The RBNZ is now inviting payment service providers and other non-bank entities to apply for direct access to its core settlement system.

Clearing & Post-Trade

Korea Exchange to Launch KOFR Swap Clearing on 27 October

By Editors | 23/09/2025

The move is part of a regulatory push to establish the risk-free KOFR as the new benchmark interest rate, replacing the CD rate.

Trading & Investment

APAC Retail Demand a Key Driver for Extended Trading, Says WFE

By Manesh Samtani | 23/09/2025

The WFE highlights demand from Asia-Pacific investors in its analysis of the push for 24-hour trading, but warns of significant liquidity and post-trade challenges.

Structural Regulation

China Eases Foreign Investment Rules, Lifts Property Curbs

By Mark Johnston | 23/09/2025

Beijing is lifting a long-standing ban on foreign companies purchasing residential property for non-self-use as part of a broader package of reforms.

Fraud, Scams & Cybercrime

OJK Indonesia Probes Suspected Breach of BCA Client Fund Account

By Nithya Subramanian | 22/09/2025

OJK is coordinating with IDX, KPEI and KSEI to mitigate risks and has tightened rules on client fund transfers and withdrawals to safeguard investors.