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.
| Autorius: | Asian Development Bank |
| Leidėjas: | Asian Development Bank |
| Išleidimo metai: | 2020 |
| Knygos puslapių skaičius: | 68 |
| ISBN-10: | 9292622722 |
| ISBN-13: | 9789292622725 |
| Formatas: | 280 x 216 x 5 mm. Knyga minkštu viršeliu |
| Kalba: | Anglų |
Parašykite atsiliepimą apie „Next Steps for ASEAN+3 Central Securities Depository and Real-Time Gross Settlement Linkages: A Progress Report of the Cross-Border Settlement Infrastructure Forum“
