Fresh interoperability legislation will be transformative, but don’t expect a copy of Brazil’s PIX just yet.
A lack of standardisation, reliance on intermediaries and post-trade complexities has held repo back — but change is coming.
The international banking system’s standards aim to ensure resilience in times of crisis.
But it could be crunch time for those without a strong lending proposition.
Annalisa Prizzon, principal research fellow at the Overseas Development Institute, explains the importance of the upcoming IDA financing replenishment round for MDBs.
A €100m World Bank bond was settled on a T+0 basis and listed on the Luxembourg Stock Exchange.
Greater standardisation across traditional and digital assets will improve efficiencies in both.
Experts say different supervisory approaches mean mid-size US banks are still vulnerable to interest rate risk, while European banks remain relatively safe. But banks should set aside more capital to ensure a more resilient system.
The guide provides a snapshot of regulatory frameworks and licensing schemes for payments in eight Asian markets — but it is no substitute for legal advice.
Federico Sforza, CEO and co-founder of Banca AideXa, talks about the bank’s use of open data that enables it to fill the gaps left by traditional lenders.
Swift could leverage its global messaging network to let financial institutions trade tokenised assets at scale, but regulatory uncertainty remains a challenge.