ASEAN’s shift to T+1 settlement: Impacts and actionable strategies for bank treasuries
The ASEAN transition from T+2 to T+1 settlement cycles has major operational and strategic implications for bank treasuries.
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This paper highlights the urgency for ASEAN markets to adapt to faster settlement processes, driven by global trends, particularly from North America and India. It also outlines challenges, necessary technological upgrades, and actionable recommendations for banks to enhance efficiency and competitiveness in a rapidly evolving financial landscape.