Payments & Settlements

Structural Regulation

HKMA Eyes Supply Chain Opportunities for Hong Kong

By Sanday Chongo Kabange | 03/03/2025

A working group has drawn up recommendations to help develop Hong Kong into a multinational supply chain management centre.

Payments & Settlements

AliPay Allows American Express to Link Cards to Payments App

By Nithya Subramanian | 27/02/2025

Amex members can now link their cards to the Alipay digital wallet, enabling them to make payments at merchants across the mainland.

Anti-Money Laundering

FATF Issues 2nd Consultation on Payment Transparency Standard

By Manesh Samtani | 26/02/2025

The proposed revisions aim to help make cross-border payments faster, cheaper, more transparent and inclusive whilst remaining safe and secure.

Payments & Settlements

BSP Issues Guidance on Handling New Banknotes

By Sanday Chongo Kabange | 26/02/2025

The BSP also directed banks to facilitate the removal of damaged banknotes and coins from circulation.

Structural Regulation

Hong Kong Gazettes Legal Notices for eMPF Platform Onboarding

By Sanday Chongo Kabange | 26/02/2025

The legal notices serve to enforce the mandatory use of the eMPF Platform for three MPF schemes administered by Principal Trust Company (Asia) Limited.

Emerging Prudential Risks

FSB to Prioritise Implementation of Post-Crisis Reforms

By Mark Johnston | 26/02/2025

The FSB will conduct a strategic review of 15 years of post-crisis reforms to identify areas for improvement in ensuring consistent, global implementation.

Structural Regulation

Singapore Banks Have Completed the Transition to SORA

By Nithya Subramanian | 26/02/2025

The transition, which concluded in December 2024, enhances trust and confidence in SGD interest rates and strengthens market resilience.

Structural Regulation

SFC Consults on Registrar Fee Limits in Paperless Securities Market

By Sanday Chongo Kabange | 25/02/2025

The SFC proposes limits for the fees that securities registrars can charge investors under the USM regime, which is targeted for implementation in early 2026.

Payments & Settlements

ECB to Launch Settlement Platform for DLT-based Transactions

By Thisanka Siripala | 24/02/2025

The ECB said the long-term strategy seeks to support international financial transactions while maintaining the stability of the European financial ecosystem.