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Next Steps for Asean+3 Central Securities Depository and Real-Time Gross Settlement Linkages|Asian Development Bank

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

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Overview

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.

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.

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Details

  • ISBN-13: 9789292622725
  • ISBN-10: 9292622722
  • Publisher: Asian Development Bank
  • Publish Date: September 2020
  • Dimensions: 11 x 8.5 x 0.18 inches
  • Shipping Weight: 0.52 pounds
  • Page Count: 66

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