Collective Investment Scheme Transactions in ASEAN+3 - Benchmark Product and Market Infrastructure Design

This report explores how the central securities depository and real-time gross settlement (CSD-RTGS) linkage model could be applied to collective investment scheme (CIS) passporting frameworks in Asia to enhance post-trade efficiency.

In Asia, there are a number of multilateral CIS passporting frameworks, but little attention has been given to how delivery versus payment settlements can be facilitated under such frameworks. The report finds that the CSD-RTGS linkage model has considerable potential to be applied in Asia as a settlement engine for other cross-border financial instruments. It outlines how this can be achieved by interlinking the region's CIS central platforms and delivery versus payment settlements infrastructure under the CSD-RTGS model.

Product details

• Authors: Asian Development Bank
• Publisher: Asian Development Bank
• Languages: English
• Product format: Paperback / Softback
• Released: 29.09.2022
• EAN: 9789292697303
• ISBN: 978-92-9269-730-3
• No. of pages: 114
• Dimensions: 216 mm x 280 mm x 8 mm
• Weight: 448 g
• Subject: Social sciences, law, business > Business > Miscellaneous