ADVERTISEMENT
Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.

Sustainable Finance
ASEAN Ministers Endorse Sustainability and Payments Initiatives
By Thisanka Siripala | 17/04/2025
ASEAN ministers endorsed new financing mechanisms and welcomed new cross-border payment initiatives including Nexus.

Clearing & Post-Trade
LME Approves First Four Warehouse Facilities in Hong Kong
By Manesh Samtani | 17/04/2025
Hong Kong’s Christopher Hui said the establishment of LME-approved warehouses will promote the development of the futures market.

Payments & Settlements
Payoneer Becomes 3rd Foreign Payments Platform Authorised in China
By Mark Johnston | 16/04/2025
Payoneer is the third foreign platform after PayPal and Airwallex authorised to provide online payment services in China.

KYC & CDD
Westpac NZ to Pilot New ‘Basic’ Bank Account Service
By Sanday Chongo Kabange | 15/04/2025
A basic bank account was one of the 2023 recommendations of a 14-month competition study by the Commerce Commission.

Payments & Settlements
BIS Paper Proposes Standardised Model to Describe Payment System Architectures
By Manesh Samtani | 15/04/2025
The authors therefore propose a formally defined model to represent three key functions of payment system architectures

Payments & Settlements
RBI Allows NPCI to Revise UPI Transaction Limits
By Nithya Subramanian | 15/04/2025
The RBI will allow NPCI to adjust UPI payment limits. It is also making its sandbox “theme neutral” and “on tap”.

Payments & Settlements
Bangladesh Eases Restrictions on NRB Foreign Currency Accounts
By Nithya Subramanian | 15/04/2025
Banks can set rates based on customer relationships and accept a broader range of currencies to boost foreign currency inflows.

Structural Regulation
Korea FSS Announces Measures to Improve Access to Bank Services
By Thisanka Siripala | 14/04/2025
Banks are instructed to provide foreign language translations for essential documents and expand foreign language support within their mobile apps.

Structural Regulation
China Adds 18 More US Entities to Export Blacklists
By Manesh Samtani | 10/04/2025
Chinese and European leaders have agreed to work together to safeguard free trade in response to the US tariffs, most of which have been suddenly paused.

Payments & Settlements
Cambodia Joins ASEAN Regional Payment Connectivity Initiative
By Nithya Subramanian | 10/04/2025
Malaysia and Cambodia also launched the second phase of cross-border QR payment linkage, expanding connectivity between the two countries.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.