An overview of standardisation and market practices harmonisation in the Asia-Pacific region

Alexandre Kech

Journal of Securities Operations & Custody, 2014, vol. 6, issue 4, 290-294

Abstract: Standardisation and harmonisation of practices is finally happening in Asia Pacific. This paper reviews the latest developments in the standardisation and harmonisation of market practices in the Asia-Pacific region, with a particular focus on ISO 20022 standards-related projects. The author describes the back-ground and reasons of these standards adoption initiatives, and stresses how important it is that more takes place. He also advocates for the need for each financial institution to define an international standards adoption strategy and roadmap.

Keywords: standardisation; ISO 20022; harmonisation; SGX; JASDEC; ISO 15022; ASX; SWIFT (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2014:v:6:i:4:p:290-294

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