Establishing a regional settlement intermediary, such as an Asian international central securities depository, could yield substantial benefits for Hong Kong. Photo: Bloomberg
Opinion
Opinion
Eye on Asia
How better financial infrastructure can drive bond market development in Hong Kong and the region
- Currently, there is no international central securities depository covering Asia. With its links to mainland China and the world, Hong Kong is best equipped to establish a regional settlement intermediary for securities transactions
Establishing a regional settlement intermediary, such as an Asian international central securities depository, could yield substantial benefits for Hong Kong. Photo: Bloomberg