Insights
Hong Kong prepares to move its cash market to T+1 settlement
Hong Kong is preparing for T+1 settlement transition in Q4 2027. This marks a major post-trade market structure change, aligning its cash market settlement cycle with the US, Europe, and other major capital markets. The shift will pressure operational readiness, automation, settlement efficiency, FX funding, and cross-border liquidity management for brokers, custodians, asset servicing teams, and global investors.
Asia Pacific leads digital currency explorations
The Asia Pacific region is at the forefront of exploring central bank digital currencies. Not only major economies in the region are in advanced explorations, but emerging economies and low-income nations are also showing rising interest. However, only two countries have indicated that they are very likely to issue a retail CBDC in the near term.
Asia Region Funds Passport: a long way to go
More than a decade on, the opportunities behind the Asia Region Funds Passport remain an aspiration.