Payments & Settlements

Clearing & Post-Trade

ASX Outlines CHESS Resourcing Plan in Response to RBA Rebuke

By Sanday Chongo Kabange | 02/05/2025

ASX has committed to a series of actions to further strengthen its resourcing arrangements for the maintenance and support of CHESS.

Clearing & Post-Trade

SEBI Extends Deadline for QSBs to Enable T+0 Settlement

By Nithya Subramanian | 30/04/2025

Qualified Stock Brokers have until 1 November 2025 to set up their systems to participate in optional T+0 settlement, instead of 1 May 2025.

Payments & Settlements

HKMA Outlines Plans for Payments Infrastructure Connectivity

By Sanday Chongo Kabange | 30/04/2025

HKMA Deputy CEO Darryl Chan said Hong Kong’s instant payments link with Mainland China is on track for launch in the middle of this year.

Payments & Settlements

Australia Developing Standard Instruction Format for NPP Payments

By Sanday Chongo Kabange | 29/04/2025

AP+ has provided an update on its work to facilitate the migration from the BECS, which is being decommissioned, to the NPP.

Payments & Settlements

BSP Issues Draft Circular on Adoption of ISO 20022 Standard

By Sanday Chongo Kabange | 29/04/2025

The BSP says all participants of payment systems must adopt the ISO 20022 messaging standard for each specific business function.

Payments & Settlements

HKMA Forms New Panel to Advance Digital Trade Finance

By Sanday Chongo Kabange | 29/04/2025

The new expert panel will formulate a roadmap for digitising cargo data so that it may be integrated into the CDI platform.

Payments & Settlements

US Criticises Indonesia Over QR Code Payment System

By Mark Johnston | 27/04/2025

USTR says US companies were not adequately informed about or invited to share views on QRIS policy-making.

Clearing & Post-Trade

HKEX Calls on Firms to Prepare for Handling Multi-Counter Securities

By Sanday Chongo Kabange | 25/04/2025

HKSCC is asking market participants to review their internal systems and operation arrangements to ensure a smooth transition in June.

Payments & Settlements

BIS Publishes Findings from DLT Project to Enhance FX Settlements

By Manesh Samtani | 25/04/2025

Project Meridian FX demonstrated the technical feasibility of using “synchronisation operators” to modernise FX settlements, improve interoperability, and increase efficiency.