Harmonization and standardization of bond market infrastructures in ASEAN+3 : ASEAN+3 bond market forum sub-forum 2 phase 3 report / Asian Development Bank.

Format:

Book

Author/Creator:

Asian Development Bank, author.

Language:

English

Subjects (All):

Bond market--Asia.

Bond market.

Monetary policy--Asia.

Monetary policy.

Physical Description:

1 online resource (131 p.)

Edition:

1st ed.

Place of Publication:

Manila, Philippines : Asian Development Bank, 2015.

Summary:

This report is an outcome of Phase 3 discussions under the ASEAN+3 Bond Market Forum Sub-Forum 2, which have focused on making bond market infrastructures in the region more inter-operable through the harmonization of transaction flows, standardization of messaging items, and implementation of international standards. Most markets in the region will have commenced these harmonization and standardization efforts by 2020, thus taking a significant step toward the integration of ASEAN+3 bond markets.

Contents:

Cover; Contents; Tables and Figures; TABLES; 1 Schedule of ABMF SF2; 2 ISO 20022 Messages Corresponding with Reference DVP Flow-Proposal; 3 Message Items for Bond Settlement Instruction (sese.023); 4 Message Items for Matched Result Advice (sese.024); 5 Message Items for Bond Settlement Confirmation (sese.025); 6 Message Items for Cash Settlement Instruction (pacs.009); 7 Message Items for Cash Settlement Confirmation (camt.054); 8 Adoption of ISO 20022 in ASEAN+3 CSDs; 9 Adoption of ISO 20022 in ASEAN+3 Real-Time Gross Settlement Systems

10 Membership in ISO 20022-Related Organizations of ASEAN+3 Economies11 National Numbering Agencies and the Allocation of ISIN in ASEAN+3 Economies; 12 Repurchase Transactions in ASEAN+3; A1.1 National Members and Experts; A1.2 International Experts; A1.3 Observers; A1.4 ADB Secretariat; A3.1 (a) sese.023 Securities Settlement Transaction Instruction (Bond Settlement Instruction from Participants to CSD); A3.2 (b) sese.024 Securities Settlement Transaction Status Advice (Matched Results from CSD to Participants)

A3.3 (h) sese.025 Securities Settlement Transaction Confirmation (Bond Settlement Confirmation from CSD to Participants)A3.4 (d) and (e) pacs.009 Financial Institution Credit Transfer (Cash Settlement Instruction); A3.5 (f) camt.054 Bank to Customer Debit Credit Notification (Cash Settlement Confirmation); A4.1 SEG-ISO 20022 Standards Evaluation Groups; A5.1 NNAs in ASEAN+3; FIGURES; 1 Outline of Activities of ABMF-SF2; 2 ASEAN+3 Government Bond Market Diagram; 3 ASEAN+3 Corporate Bond Market Diagram; 4 Government Bond Interest Payment Related Entities

5 Corporate Bond Interest Payment Related Entities6 Roadmap for Phase 3; 7 Proposed Reference DVP Flow; 8 Examples of Standard ISO 20022 Messages; 9 Conventional Messages (ISO 15022) Corresponding to ISO 20022 Messages; 10 Migration from ISO 15022 to ISO 20022 in JASDEC; 11 Overview of Repo Transactions in Japan; 12 ABMF's Focus on Settlement Barriers; 13 Roadmap Overview; A2.1 Organizational Structure of the ASEAN+3 Bond Market Forum; A2.2 Possible Goals of Sub-Forum 2; A2.3 Contribution of ASEAN+3 to International Standards; A2.4 Phase 3 Activities of ABMF SF2

A3.1 Examples of Message Items and Instances to Effect Cross-Currency DVP SettlementA4.1 ISO Governance Structure; A4.2 ISO TC68 for Financial Services; A4.3 Relationships and Responsibilities of RMG; A4.4 Registration Processes of ISO 20022; A4.5 Maintenance Processes of ISO 20022; A5.1 Sample ISIN Code Structure for a Government Bond; A5.2 Overview of ANNA-Related International Standards; A5.3 ANNA-Related Organizations; A5.4 Typical Flow of ISIN Allocation; A5.5 ANNA Service Bureau System; Foreword; Statement from SF2 Chairs; Acknowledgments; Abbreviations; Executive Summary

I. Introduction

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed June 22, 2016).

ISBN:

9789292570828

929257082X

OCLC:

945038682