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Redefining Payments: Curlec by Razorpay Gains License to Acquire Merchants in Malaysia

Razorpay

Earlier this year, having taken this vision beyond India’s borders, we announced our International Payment Gateway, developed for the Malaysian market – Curlec by Razorpay. With the digital payments market in Malaysia projected to soar by an impressive 17.06% between 2023 and 2027, culminating in a market volume of $41.74

Business 111
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EU watchdogs launch new governance structure to support T+1 transition

The TRADE

The European Securities and Markets Authority (ESMA), European Commission (EC) and European Central Bank (ECB) have launched a new governance structure to support the transition to T+1 settlement within the EU. The first meeting of the coordination committee is scheduled for 6 February.

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T+1 will release £1 billion of margin in the UK, says BoE

The TRADE

The UKs move to a T+1 settlement cycle could release 1 billion of margin currently required at central counterparties, according to the Bank of Englands (BoE) executive director, financial market infrastructure, Sasha Mills. The UK will move to T+1 on 11 October 2027, in line with the EU and Switzerland.

Trading 52
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Fireside Friday with… ING Bank’s Stephane Malrait

The TRADE

There are a few big regulatory changes which are probably not going to go live in 2025, but will need technological and infrastructure-related preparation and change before 2026 and 2027. We already know the date 11 October 2027 less than three years away and people will need time to prepare, which means that the work should starts now.

Trading 59