Next Steps for ASEAN+3 Central Securities Depository and Real-Time Gross Settlement Linkages: A Progress Report of the Cross-Border Settlement Infrastructure Forum

Publication | July 2020

This report provides an update on progress toward the establishment of a regional settlement intermediary to support investment and more integrated bond markets among ASEAN+3 economies.

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  • US$23.00 (paperback)

The proposed intermediary 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 a regional settlement intermediary.

Contents 

  • Introduction
  • Salient Points in Previous Reports
  • Progress of Central Securities Depository—Real-Time Gross Settlement Linkage Models to Date
  • Progress of Standardization in ASEAN+3
  • Emerging Trends in Cross-Border Transactions
  • Future Challenges and Next Steps

Additional Details

Type
Subjects
  • Finance sector development
  • Banking and non-bank financial institutions
  • Finance sector reform
  • Financial markets and institutions
  • Regional cooperation and integration
Countries
  • Brunei Darussalam
  • Cambodia
  • China, People's Republic of
  • Hong Kong, China
  • Indonesia
  • Japan
  • Korea, Republic of
  • Lao People's Democratic Republic
  • Malaysia
  • Myanmar
  • Philippines
  • Singapore
  • Thailand
  • Viet Nam
Pages
  • 66
Dimensions
  • 8.5 x 11
SKU
  • TCS200193-2
ISBN
  • 978-92-9262-272-5 (print)
  • 978-92-9262-273-2 (electronic)
  • 978-92-9262-274-9 (ebook)

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