New rules propose an approach focused on financial function rather than individual entities; and are expected bring traditional financial firms and fintech firms on level playing field.
March 1, 2018New Payments Platform enables instant transfers between accounts at different financial institutions, at “any time of day, any day of the year.”
February 14, 2018New rules cover clearing and settlement, corporate governance by securities and fund management firms, and securities regulator’s powers.
February 10, 2018Link to be operational by year-end; will enable cross-border trading, clearing, settlement of shares between SGX and Bursa Malaysia.
February 7, 2018Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.
December 24, 2017Exchange consultation proposes move to T+2 settlement, simultaneous securities, money settlement in bid to prevent systemic risk.
November 30, 2017The Bank of Japan has launched its renewed payment and settlement system BOJ-NET, its latest efforts to internationalise the Japanese yen,
October 15, 2015Stock exchanges and clearing corporations directed to increase their installed capacity for trading, clearing and settlement.
October 10, 2015Vietnam’s State Securities Commission has directed the Vietnam Securities Depository to shorten settlement time for transactions from the current three days to two.
October 7, 2015The Bangladesh Securities and Exchange Commission has finalised draft rules to establish a separate company to perform clearing and settlement activities for both the bourses.
October 7, 2015