Payments & Settlements

Structural Regulation

Bangladesh Bank Relaunches Digital Bank Licensing with Stricter Rules

By Nithya Subramanian | 26/08/2025

The central bank has invited fresh applications, more than doubling capital requirements and tightening sponsor rules following a troubled initial licensing round.

Clearing & Post-Trade

Cracking the European T+1 Code for APAC Firms

By Val Wotton | 26/08/2025

Europe's shift to T+1 settlement in 2027 presents unique challenges for APAC firms. Proactive automation, data harmonisation, and early preparation are crucial for successful adaptation.

Payments & Settlements

Hong Kong Launches Enhanced Arrangements for RMB Bond Repo

By Manesh Samtani | 26/08/2025

The new arrangements allow re-use of Chinese bond collateral and facilitate cross-currency trades saw over CNY 3 billion in transactions on debut.

Structural Regulation

China Proposes Major Overhaul of Interbank FX Market Rules

By Mark Johnston | 25/08/2025

New draft regulations aim to strengthen comprehensive supervision, clarify market access for institutions and modernise a framework dating back to 1996.

Payments & Settlements

Australian Banks Challenge RBA Over Card Fee Overhaul

By Mark Johnston | 25/08/2025

The RBA is facing resistance from major banks over its proposed payments system reforms, as concerns shift from interchange fees to opaque scheme charges.

Data Privacy

Indonesia Halts Payment ID Rollout Amid Privacy Outcry

By Manesh Samtani | 24/08/2025

The Payment ID trial run, now deferred, has sparked debate on digital privacy, cybersecurity, and BI's preparedness for the innovation.

Payments & Settlements

Malaysia's PayNet Taps Ant International to Take DuitNow QR Global

By Editors | 23/08/2025

New agreement enables outbound payments for Malaysians across the Alipay+ network, while also deepening collaboration on fraud prevention and talent development.

Payments & Settlements

PSE Amends Business Continuity Rules for Market, Brokers

By Sanday Chongo Kabange | 21/08/2025

The PSE has changed its market halt trigger to a value-based metric and is requiring all brokers to have "correspondent arrangements" in place.

Clearing & Post-Trade

HKMA Urges Banks to Accelerate T+1 Settlement Preparations

By Editors | 20/08/2025

Banks are expected to assess how T+1 settlement may impact their business activities and operations, and allocate sufficient resources towards preparing for the move.