Firstly banking regulators in the region are looking to improve the efficiency of liquidity management. Thailand is an example of this as the banking authorities are in the process of implementing the National Interbank Transaction Management Exchange ITMX. This is an electronic system which will eventually replace the existing paper-based payment system, and will improve the overall efficiency of the payments and funds transfer mechanism. It is also happening elsewhere in Asia. India has a Real-Time Gross Settlement RTGS system, and also electronic funds transfers.
The second trend is that banking regulators are...
¬ Haymarket Media Limited. All rights reserved.
