Next Steps for ASEAN+3 Central Securities Depository and Real-Time Gross Settlement Linkages

Language: English

Published by Asian Development Bank, PH, 2020

9292622722 / 9789292622725

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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.

Seller Inventory # LU-9789292622725

Title
Next Steps for ASEAN+3 Central Securities Depository and Real-Time Gross Settlement Linkages
Author
Asian Development Bank-
Publisher
Asian Development Bank, PH
Publication year
2020
Condition
New
Binding
Paperback
Language
English
ISBN 10
9292622722
ISBN 13
9789292622725
Item weight
236 grams

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