HKIMFR—大湾区跨境支付和结算系统：现行实践与最新发展-62页_1mb

Cross-Boundary Payment and Settlement Systems in the Greater Bay Area

Executive Summary

Key Findings:

1. The Greater Bay Area (GBA) is a key economic hub, with Hong Kong serving as a connector for cross-boundary financial integration.

2. Payment and Settlement Systems:

   • Hong Kong utilizes platforms like the Faster Payment System (FPS) and Clearing House Automated Transfer System (CHATS) to handle multi-currency transactions.
   • Cross-boundary linkages with Mainland China enable trade and investment, but challenges persist in efficiency, transparency, and regulatory alignment.

3. Challenges:

   • Legacy technologies, fragmented data standards, and diverse regulatory requirements hinder smooth cross-boundary transactions.
   • High costs, slow settlement speeds, and limited accessibility remain major pain points.

4. Emerging Technologies:

   • Blockchain: Projects like mBridge aim to streamline cross-boundary payments and reduce intermediation.
   • AI/Big Data: Used for automating compliance checks, fraud detection, and improving operational efficiency.
   • Open API and Digital ID: Facilitate secure data sharing and remote identity verification.

5. Market Views:

   • Over 90% of financial institutions surveyed prioritize cross-boundary payment channels for their GBA expansion.
   • Technologies like Open API, digital ID, and AI/BD are ranked highest for improving payment systems.

Key Highlights

Technology-Related Considerations

1. Infrastructure Improvements: Extend FP

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  "4. 4. 促进",
  "5. 5. 政策",
  "6. 6. 规则",
  "7. 7. 深化",
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