Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward

Download or Read eBook Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward PDF written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-05-01 with total page 47 pages. Available in PDF, EPUB and Kindle.
Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward
Author :
Publisher : Asian Development Bank
Total Pages : 47
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ISBN-10 : 9789292545093
ISBN-13 : 9292545094
Rating : 4/5 (93 Downloads)

Book Synopsis Basic Principles on Establishing a Regional Settlement Intermediary and Next Steps Forward by : Asian Development Bank

Book excerpt: 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.


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