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StableMedium2026-07-30

HKMA CMU launches direct linkage with SIX Switzerland

Banking SupervisionOtherGeneral RegulatoryCapital MarketsHong KongConf: Medium
Regulatory Event

HKMA welcomed the launch of a direct linkage between CMU Hong Kong and SIX Switzerland, alongside CMU OmniClear's first equity post-trade services.

Analysis

The new CMU–SIX linkage expands Hong Kong's post-trade connectivity to Europe and marks CMU OmniClear's entry into equity post-trade services. This broadens cross-border settlement options and introduces new operational and counterparty considerations for market participants.

Relevance

Expands cross-border settlement infrastructure, affecting custody, settlement risk, and market access strategies.

Required Action

Action Required

Assess operational, settlement, and cross-border risk implications for firms using CMU for post-trade services.

Justification

Structural enhancement to Hong Kong's post-trade infrastructure with cross-border implications for global capital markets participants.

Control Commentary

Evaluate onboarding and operational readiness for CMU–SIX linkage and CMU OmniClear equity services. Update settlement risk assessments and counterparty due diligence.

Source

HKMA welcomes the launch of a direct linkage between CMU Hong Kong and SIX Switzerland, and the launch of CMU OmniClear's equity post-trade services, driving internationalisation of CMU operations.

RH-2026-07-30-011