Committee on Payments and Market Infrastructures

Payments & Settlements

FSB Proposes Measures to Address Cross-border Payment Frictions

By Manesh Samtani | 17/07/2024

Two new FSB reports offer policy recommendations to address legal, supervisory and regulatory frictions in cross-border payments.

Trading & Investment

UK FCA Finalises Guidance for New Derivatives Reporting Framework

By Editors | 17/07/2024

The FCA finalised Q&As and validation rules to support implementation of the new framework from 30 September 2024.

CBDCs

BIS Publishes Results of Latest CBDC, Crypto Survey

By Editors | 17/06/2024

Central banks are now more likely to issue a wholesale CBDC than a retail CBDC within the next six years.

Payments & Settlements

Significant Progress Made on Cross Border Payments: CPMI

By Manesh Samtani | 07/06/2024

More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.

Structural Regulation

MAS Issues Guidelines for New Derivatives Reporting Regime

By Manesh Samtani | 03/06/2024

The guidelines focus on UTI generation and reporting, as well as re-reporting of contracts that haven’t yet matured when the new regime takes effect.

Structural Regulation

CPMI Adopts Work Programme for 2024-25

By Mark Johnston | 27/05/2024

CPMI’s work programme includes work to enhance FMI resilience and create a framework for interlinking FPS.

Payments & Settlements

CPMI Offers Analysis Of Fast Payment System Integration

By Mark Johnston | 24/05/2024

New report provides an analysis of the benefits and challenges associated with the integration of fast payment systems across borders.

Structural Regulation

MAS Finalises Rules for New OTC Derivatives Reporting Regime

By Manesh Samtani | 14/05/2024

The final regulations come into operation on 21 October 2024, introducing the UPI, UTI, CDE and ISO 20022 in reporting.

Structural Regulation

RBI Issues Draft Framework for Electronic Trading Platforms

By Ajoy K Das | 02/05/2024

ETPs operated from outside India by an operator incorporated outside India may seek authorisation to provide platform access to Indian residents.