ISO 20022 adoption in ASEAN+3, Europe, and U.S - Opportunities and challenges including possible services such as cross-border CSD-RTGS linkages
The session provides recent developments and implementation of ISO 20022 in ASEAN+3. The region has a goal to adopt international standards in particular ISO 20022 by 2020 to enhance interoperability and cross-border STP. The session will also discuss developments of CSD-RTGS Linkages, which is a new regional initiative recognized by the ASEAN+3 Finance Ministers and Central Bank Governors in May this year to connect market infrastructures in the region with standardized messages. ASEAN+3 will get profit from European experiences for ISO 20022 implementation and linkages among market infrastructures.