Continuous linked settlement – ringgit’s missing global puzzle

WHEN I left Bank Negara in 1997 just before the Asian Financial Crisis begun, I had practically no insights on how financial markets worked on the other side of the fence.

From being a regulator and policy maker to a foreign exchange strategist in a global investment bank, Singapore was my first pit stop in a long line of other pit stops I did, from Hong Kong to Tokyo, the Square Mile and to Wall Street and back to the Island state.