Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward
Cross-Border Settlement Infrastructure Forum
Business & Finance, Economics, Economic Development, Finance & Investing, Finance
| Author: | Asian Development Bank | ISBN: | 9789292545093 |
| Publisher: | Asian Development Bank | Publication: | May 1, 2014 |
| Imprint: | Asian Development Bank | Language: | English |
| Author: | Asian Development Bank |
| ISBN: | 9789292545093 |
| Publisher: | Asian Development Bank |
| Publication: | May 1, 2014 |
| Imprint: | Asian Development Bank |
| Language: | English |
This report summarizes the results of discussions among ASEAN+3 central bank and central securities depository officers who voluntarily participated in the Cross-border Settlement Infrastructure Forum (CSIF). ASEAN+3 finance ministers and central bank governors endorsed the establishment of the CSIF under the Asian Bond Markets Initiative in May 2013 to facilitate discussions on the improvement of cross-border bond and cash settlement infrastructures in the region, including the possibility of establishing a regional settlement intermediary. This report shows the three regional settlement intermediary models analyzed by the CSIF members and suggests next steps moving forward.
This report summarizes the results of discussions among ASEAN+3 central bank and central securities depository officers who voluntarily participated in the Cross-border Settlement Infrastructure Forum (CSIF). ASEAN+3 finance ministers and central bank governors endorsed the establishment of the CSIF under the Asian Bond Markets Initiative in May 2013 to facilitate discussions on the improvement of cross-border bond and cash settlement infrastructures in the region, including the possibility of establishing a regional settlement intermediary. This report shows the three regional settlement intermediary models analyzed by the CSIF members and suggests next steps moving forward.
