Progress report on establishing a regional settlement intermediary and next steps : implementing central securities depository-real-time gross settlement linkages in ASEAN+3 : cross-border settlement infrastructure forum : May 2015 / / Asian Development Bank

• Record Nr.: UNINA9910809852503321
• Pubbl/distr/stampa: Mandaluyong City, Philippines : , : Asian Development Bank, , 2015; ©2015
• ISBN: 92-9254-932-4
• Descrizione fisica: 1 online resource (31 p.)
• Disciplina: 346.44092
• Soggetti: Clearing of securities
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; Contents; Tables and Figures; Tables; 1 Cross-Currency Delivery Versus Payment Settlement Processes; 2 Message (pacs.009) Items for Cash Settlement Information from Bank of Japan Financial Network System to Hong Kong Dollar Clearing House Automated Transfer System; 3 Message (pacs.002) Items for Cash Settlement Status from Hong Kong Dollar Clearing House Automated Transfer System to Bank of Japan Financial Network System; 4 Cut-Off Time for Cross-Currency Delivery Versus Payment between the Bank of Japan and the Hong Kong Monetary Authority; 5 Contingency Cases; Figures; 1 Cross-Currency Delivery Versus Payment Settlement (Japanese Government Bond- Hong Kong Dollars)2 Road Map for Establishing a Regional Settlement Intermediary in ASEAN+3; A2.1 Cross-Border CSD Linkage with Domestic Delivery Versus Payment; A2.2 CSD-RTGS Linkages for Cross-Currency Delivery Versus Payment; A2.3 RTGS-RTGS Linkages for Payment Versus Payment; Acknowledgments; Statement from from the Chairs of the Cross-Border Settlement Infrastructure Forum; Executive Summary; Abbreviations; Introduction; CSD-RTGS Linkages Model; Basic Principles on Establishing a Regional Settlement IntermediaryTypes of CSD-RTGS Linkages and Their Prioritization; Outline of Desktop Study; Processing Flow; Messages between the ; Central Securities Depository and the Real-Time Gross Settlement Systems; Operating Hours; Contingency Measures; Policy Recommendations and Road Map; Remaining Challenges and Next Steps; Appendixes; 1 Members and Observers of the Cross-Border Settlement Infrastructure Forum and the ADB Secretariat (to be revised); 2 Outlines of CSD-RTGS Linkages; 3 Presentations at the Cross-Border Settlement Infrastructure Forum Meetings