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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 Eases Monetary Policy for First Time in 5yrs
By Nithya Subramanian | 27/01/2025
MAS cited quicker-than-expected easing of inflation and a projected slowdown in economic growth

Clearing & Post-Trade
Switzerland to Transition to T+1 Settlement Cycle in October 2027
By Mark Johnston | 26/01/2025
Switzerland has confirmed plans to transition to a shorter settlement cycle in October 2027, aligning with the EU and UK’s ambitions.
Payments & Settlements
UK FCA Outlines Next Steps to Expand Open Banking
By Thisanka Siripala | 24/01/2025
An independent central operator will be established to coordinate how variable recurring payments are made, potentially lowering processing fees

Clearing & Post-Trade
HKMA Launches Direct Bond Market Linkage With Macau
By Manesh Samtani | 22/01/2025
The linkage will enable investors from both sides to participate in each other’s bond market with greater ease and efficiency

Clearing & Post-Trade
LME Approves Hong Kong as a Metals Warehouse Location
By Sanday Chongo Kabange | 21/01/2025
The approval of Hong Kong as a warehouse location aligns with the city’s efforts to bolster its role in global commodities trading

Payments & Settlements
NPCI Signs Partnership to Enable UPI Payments in UAE
By Editors | 18/01/2025
NPCI’s international arm signed an agreement with payment solutions provider Magnati to enable QR-based UPI merchant payments through POS terminals across the UAE.

Payments & Settlements
RBI Eases FEMA Rules to Boost Rupee Use in Cross-border Transactions
By Nithya Subramanian | 18/01/2025
The RBI has also signed MoUs with the central banks of UAE, Indonesia and Maldives to encourage the use of local currencies in trade and investment.

Payments & Settlements
PBOC Governor Talks Up Mainland and Hong Kong Markets
By Manesh Samtani | 17/01/2025
Pan Gongsheng said risks in China’s property market have receded and the Mainland will further boost connectivity with Hong Kong

Payments & Settlements
HSBC Rolls Out Cross-currency Netting in Mainland China
By Editors | 17/01/2025
Korean multinational company Philips has become the first to adopt the solution, enabling it to streamline processes, lower costs, and unlock working capital

Payments & Settlements
HKMA, PBOC Unveil Measures to Further Deepen Connectivity
By Sanday Chongo Kabange | 15/01/2025
The measures include a new trade finance liquidity facility for CNY funds and an expansion of the Southbound leg of Bond Connect, among others
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