Milton Public Library

Next steps for ASEAN+3 central securities depository and real-time gross settlement linkages, a progress report of the Cross-Border Settlement Infrastructure Forum

Label
Next steps for ASEAN+3 central securities depository and real-time gross settlement linkages, a progress report of the Cross-Border Settlement Infrastructure Forum
Language
eng
Index
no index present
Literary Form
non fiction
Main title
Next steps for ASEAN+3 central securities depository and real-time gross settlement linkages
Medium
electronic resource
Nature of contents
dictionaries
Sub title
a progress report of the Cross-Border Settlement Infrastructure Forum
Summary
This report from the Cross-Border Settlement Infrastructure Forum (CSIF) provides an update on progress toward the establishment of a regional settlement intermediary (RSI) to support investment and more integrated bond markets among ASEAN+3 economies. The proposed RSI is to be based on bilateral links between national central securities depositories and central banks' real-time gross settlement systems. This model can realize cross-border delivery versus payment settlement to enable safe and efficient cross-border financial transactions. The report also highlights emerging trends and challenges in cross-border financial transactions and sets out next steps in establishing an RSI
Target audience
adult
Contributor
Content