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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.

Structural Regulation
Singapore and Vietnam Strengthen Regulatory Cooperation
By Nithya Subramanian | 14/03/2025
Regulators will collaborate on capital markets, digital assets, cross-border payment connectivity, and fintech growth.

Liquidity Risk
MAS Engaging with Chocolate Finance Over Suspended Withdrawals
By Nithya Subramanian | 14/03/2025
MAS said it will continue to engage Chocolate Finance to ensure that all customer withdrawals will be met in an “orderly fashion”.

Trading & Investment
SGX to Launch Brazilian Real Futures Contracts in Asia
By Nithya Subramanian | 13/03/2025
The move will enable global investors in Asia to manage risks with the Brazilian Real during their local time zone.

Fraud, Scams & Cybercrime
Starlink Provides Internet Services to Myanmar Scam Compounds
By Nithya Subramanian | 12/03/2025
Scam compounds in Myanmar are reportedly using Starlink after Thai authorities cut internet access.

Payments & Settlements
RBA: Find Common Ground on Decommissioning BECS
By Sanday Chongo Kabange | 11/03/2025
The RBA found insufficient industry coordination, planning and certainty regarding decommissioning the BECS.

Payments & Settlements
Myanmar Central Bank Launches National QR Code Standard
By Nithya Subramanian | 11/03/2025
MMQR will make transactions more efficient and accessible, reduce dependency on cash, and better align with global trends.

Trading & Investment
Philippine Fund Managers Step Closer to Bond Repos
By Mark Johnston | 10/03/2025
Fund managers in the Philippines are a step closer to being able to participate in government securities repo transactions.

Payments & Settlements
PBOC Directs Chinese Banks to Lower Dollar Deposit Rates
By Mark Johnston | 06/03/2025
The move is aimed at deterring dollar hoarding and encouraging depositors to convert USD holdings into yuan.

Clearing & Post-Trade
HKEX, CMU OmniClear Partner to Bolster Market Infrastructure
By Sanday Chongo Kabange | 05/03/2025
HKEX and CMU OmniClear will work to establish infrastructure in Asia that could rival Euroclear and Clearstream.

Supervision & Enforcement
India Probes Paytm Over Foreign Exchange Rule Violations
By Nithya Subramanian | 05/03/2025
The Enforcement Directorate said Paytm didn’t file the necessary reports with the RBI for foreign investment in Singapore, among other violations.
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