Common understanding on international standards and gateways for Central Securities Depository and Real-Time Gross Settlement (CSD-RTGS) Linkages : Cross-Border Settlement Infrastructure Forum.

Format:

Book

Author/Creator:

Asian Development Bank

Language:

English

Subjects (All):

Clearing of securities.

Physical Description:

1 online resource (36 pages)

Edition:

1st ed.

Place of Publication:

Mandaluyong City, Metro Manila : Asian Development Bank, [2019]

Summary:

This publication was prepared for the Cross-Border Settlement Infrastructure Forum (CSIF) to support its efforts to establish central securities depository and real-time gross settlement linkages. It aims to build a common understanding among CSIF members about international standards and gateways for these linkages, including user requirements and technical specifications. The publication reflects the collaborative efforts currently underway to further harmonize and integrate bond markets among the ASEAN+3 economies.

Contents:

Cover

Title

Copyright

Contents

Tables and Figures

Acknowledgments

Statement from the Chairs of the Cross-Border Settlement Infrastructure Forum

Abbreviations

Overview

PART 1: International Standards for CSD-RTGS Linkages

1 Introduction

2 International Standards to Be Used for CSD-RTGS Linkages

2.1 ISO 20022, for Messages

2.2 ISO 3166, for Country Codes

2.3 ISO 4217, for Currency Codes

2.4 ISO 6166, for Securities Numbering

2.5 ISO 9362, for Financial Institution Identification

2.6 ISO 8601, for Date and Time Format

3 Remaining Challenges

3.1 Identification of Cross-Border Messages

3.2 Other International Standards

3.3 Account-Numbering Conventions

4 Possible Opportunities

PART 2: User Requirements and Technical Specifications for Gateways for CSD-RTGS Linkages

1 Introduction and Background

2 Overview of CSD-RTGS Linkages

2.1 Cross-Border Delivery-versus-Payment Linkage

2.2 Cross-Border CSD Linkage

2.3 Payment-versus-Payment Linkage

3 Possible Requirements and Specifications for Gateways

3.1 Outline of User Requirements

3.2 Possible Technical Specifications

3.3 Interoperability through the Adoption of International Standards

3.4 Cross-Border Network Connecting CSD and RTGS Systems

3.5 Cross-Border Business Continuity Planning and Cybersecurity

3.6 Other Specifications

4 Conclusions

Appendixes

1 Possible Gateway Features

2 Basic Concept for Network Providers

References.

Notes:

Description based on print version record.

Includes bibliographical references.

ISBN:

9789292616137

9292616137