Inside SSI | Landscape | 4

Inside SSI | Landscape week | 4 Asia‑Pac mosaic 🗺️ 🕒 "Follow‑the‑sun" RTGS rails: BOJ‑NET | HKICL | MEPS+.

**Inside SSI | Landscape week | 4
Asia‑Pac mosaic 🗺️**
🕒 "Follow‑the‑sun" RTGS rails: BOJ‑NET | HKICL | MEPS+.
CLS now settles 18 currencies(including AUD, SGD, HKD), delivering payment‑versus‑payment and reducing FX settlement risk.
Instant links - Singapore's PayNow ↔ Thailand's PromptPay, India's UPI pilots and other projects prove real‑time cross‑border payments are possible, though still limited in scope.
🛡️ MAS 626 & other regimes raise the KYC bar, requiring enhanced due diligence on correspondent relationships.
Why it matters: APAC SSIs are a patchwork - choose the right depository and local agent or miss the real‑time window.
🤔 Which APAC corridor will go real‑time next? Drop a flag! 🇸🇬 🇹🇭 🇮🇳 🇦🇺 🇯🇵 🇰🇷

Topics: ISO 20022, SSI, Payments, SWIFT, Compliance