Progress Report On Establishing A Regional Settlement Intermediary And Next Steps

Download or read book Progress Report on Establishing a Regional Settlement Intermediary and Next Steps written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-05-01 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This progress report developed by the Cross-Border Settlement Infrastructure Forum (CSIF), composed of the central banks and central securities depositories in the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China, Japan, and the Republic of Korea---collectively known as ASEAN+3, is an important step for the establishment of Central Securities Depository-Real-Time Gross Settlement (CSD-RTGS) Linkages as a regional settlement intermediary in the region. The report shows the desktop study results between the Bank of Japan and the Hong Kong Monetary Authority aiming to create a common model for the linkages. The report also sets out the implementation road map for establishment of CSD-RTGS Linkages. As secretariat of the CSIF, the Asian Development Bank supports this initiative.

Download or read book Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-05-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes the results of discussions among ASEAN+3 central bank and central securities depository officers who voluntarily participated in the Cross-border Settlement Infrastructure Forum (CSIF). ASEAN+3 finance ministers and central bank governors endorsed the establishment of the CSIF under the Asian Bond Markets Initiative in May 2013 to facilitate discussions on the improvement of cross-border bond and cash settlement infrastructures in the region, including the possibility of establishing a regional settlement intermediary. This report shows the three regional settlement intermediary models analyzed by the CSIF members and suggests next steps moving forward.

Download or read book Next Steps for ASEAN+3 Central Securities Depository and Real-Time Gross Settlement Linkages written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-07-01 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Economic Outlook for Southeast Asia, China and India 2022 Financing Sustainable Recovery from COVID-19 written by OECD and published by OECD Publishing. This book was released on 2022-03-22 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Outlook for Southeast Asia, China and India 2022 addresses financing sustainable recovery from the COVID-19 pandemic. The COVID-19 pandemic is proving to be extremely costly, both economically and socially and sustainable financing solutions are crucial for an equitable and inclusive recovery.

Download or read book Common Understanding on International Standards and Gateways for Central Securities Depository and Real-Time Gross Settlement (CSD–RTGS) Linkages written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-05-01 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication was prepared for the Cross-Border Settlement Infrastructure Forum (CSIF) to support its efforts to establish central securities depository and real-time gross settlement linkages. It aims to build a common understanding among CSIF members about international standards and gateways for these linkages, including user requirements and technical specifications. The publication reflects the collaborative efforts currently underway to further harmonize and integrate bond markets among the ASEAN+3 economies.

Download or read book Asian Economic Integration Report 2016 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2016-12-01 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Economic Integration Report is an annual review of Asia's regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue's theme chapter is "What Drives Foreign Direct Investment in Asia and the Pacific?"

Download or read book Harmonization and Standardization of Bond Market Infrastructures in ASEAN+3 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is an outcome of Phase 3 discussions under the ASEAN+3 Bond Market Forum Sub-Forum 2, which have focused on making bond market infrastructures in the region more inter-operable through the harmonization of transaction flows, standardization of messaging items, and implementation of international standards. Most markets in the region will have commenced these harmonization and standardization efforts by 2020, thus taking a significant step toward the integration of ASEAN+3 bond markets.