Hong Kong and Malaysia launch investment and settlement pilot platform
The Hong Kong Monetary Authority (HKMA), Bank Negara Malaysia and Euroclear Bank today announced the launch of a new pilot platform for the cross-border investment and settlement of debt securities.
The platform will become operational on March 30, 2012, and will "enhance cross-border debt securities settlement efficiency and strengthen the capacity for debt securities issuance activities in the Asian region", said a joint statement from all three parties.
Using the platform, investors in Hong
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