Bond Connect implements DvP settlement

The much anticipated real-time delivery-versus-payment (DvP) upgrade for Bond Connect has now been fully implemented, with all transactions now trading via the new settlement.....

According to Andy Seaman, partner and chief investment officer at Stratton Street, the lack of a true DvP is one of the reasons regulators in Luxembourg and Ireland had not given approval for Undertakings for Collective Investment in Transferable Securities-compliant funds to buy Chinese bonds.....

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Source:http://citywireasia.com/news/bond-connect-implements-dvp-settlement/a1149875?ref=international-asia-latest-news-list