PETALING JAYA: The Hong Kong Monetary Authority (HKMA), Bank Negara and Euroclear Bank has launched a pilot platform for cross-border investment and settlement of debt securities in a move to enhance efficiency and strenghten capacity for transactions in Asia.
The parties said in a joint press release that the platform, which would be operational from March 30, would strengthen foreign investment and cross-border issuance of local bonds in Hong Kong and Malaysia.
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