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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.

Cloud & Infrastructure
GLEIF and IOTA Partner to Embed Digital IDs in DLT-Based Trade
By Editors | 18/09/2025
The collaboration will use the Legal Entity Identifier on a distributed ledger to streamline supply chain compliance and secure trade finance.

Liquidity Risk
Indonesia Injects IDR 200 Trillion into State Banks Amid Governance Warnings
By Editors | 18/09/2025
The move to boost credit growth is backed by financial regulators but has drawn criticism over its legality and adherence to state finance laws.

Tokenisation
Hong Kong Unveils Sweeping Financial Reforms to Boost Hub Status
By Manesh Samtani | 18/09/2025
Chief Executive John Lee's policy address focused on digital assets, RMB internationalisation, and wealth management to reinforce Hong Kong's role as a global financial centre.

Payments & Settlements
RBI Releases Consolidated Regulations for Payment Aggregators
By Nithya Subramanian | 17/09/2025
The RBI has tightened oversight of digital payment platforms with a new framework that sets capital norms, stricter due diligence, and deadlines for authorisation of non-bank PAs.

Payments & Settlements
Bangladesh Bank to Roll Out Unified Digital Payment System
By Nithya Subramanian | 17/09/2025
The interoperable platform will link banks, mobile wallets, and digital services, cutting cash-use costs and driving Bangladesh towards a cashless economy.

Payments & Settlements
China Eases Cross-Border Financing Rules, Expands MNC Cash Pooling
By Manesh Samtani | 16/09/2025
Regulators have raised the foreign debt ceiling for firms and FIs while simplifying rules to attract capital and facilitate investment.

Emerging Prudential Risks
RBA, APRA Detail Plans for Building 'Anti-Fragility' into Financial System
By Sanday Chongo Kabange | 15/09/2025
RBA and APRA officials have outlined their approaches to bolster resilience against geopolitical and technological risks faced by the financial sector.

Cybersecurity
FSS Korea Urges BigTech to Strengthen User Protection, Payment Governance
By Mark Johnston | 15/09/2025
FSS governor Lee Chan-jin calls for platform-centred regulation, secure payment environments, and fairer treatment of small merchants.

Trading & Investment
China Considers Expanding Wealth Connect Scheme Beyond GBA
By Editors | 13/09/2025
Regulators are reportedly exploring a 'version 3.0' of the cross-border investment programme, with a draft consultation paper possible by year-end.

Payments & Settlements
FSS Korea Tightens Oversight on Online Payment Gateway Firms
By Nithya Subramanian | 12/09/2025
The new rules mandate that settlement funds intended for merchants must be managed through external trusts or payment guarantee insurance.
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