HKMA Quarterly Bulletin, June 2006

The Hong Kong Monetary Authority published the June 2006 issue of its Quarterly Bulletin on 14 June. The Bulletin has four feature articles including 'The oversight of payment and securities settlement systems in Hong Kong'.

"The Clearing and Settlement Systems Ordinance, which establishes a statutory regime for the Monetary Authority to designate and oversee important clearing and settlement systems1, became effective in November 2004. By the end of 2005, the HKMA had completed its first-year

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