A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.
March 16, 2023Under draft regulations, clearing banks will have to complete payment and securities settlement between 11.30am and 12.30pm on T+2.
July 7, 2022Russian state-owned firm Rostec said the blockchain-based platform will allow settlements in national currencies and eliminate the risk of sanctions.
June 15, 2022The sell-side is seeking enhancements to reconciliations and confirmations capabilities. The buy-side is focusing on fails and collateral management.
April 23, 2021Described as "the first-of-its-kind in the world", the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.
December 8, 2020While ASIC officials talk up plans to fund more court cases, behind the scenes they are reportedly concerned about the community backlash and loss of confidence if cases are lost.
January 21, 2019