CMU participated in the ACG 24th General Meeting
The 24th General Meeting of the Asia-Pacific CSD Group (ACG) was held successfully between 7 and 10 November 2022 in Busan, South Korea.
The meeting, being the first face to face gathering of the regional central securities depositories (CSDs) for the past 3 years, was attended by over 20 CSDs in the region, including CMU, to exchange ideas from pandemic challenges and solution to disruptive technologies and business innovation.
Mr Stanley Chan, Division Head of Payment Systems Operation of the Hong Kong Monetary Authority, joined the panel discussion on Unprecedented Challenges and Creative Responses to share with the delegates on how CMU overcame various challenges arising from the pandemic such as shortage of human resources and unstable supply of equipment. Mr Chan also illustrated how CMU has turned these obstacles into accelerators of fintech adoption.
Besides, CMU delegation shared with the New Business Initiative Task Force the updates on the CMU New Platform and the operation of Southbound trading of Bond Connect since its launch in 2021. The upgrade of CMU system and service will further enhance its capabilities and efficiency to grasp business opportunities arising from Bond Connect, providing impetus to its development towards an international central securities depository (ICSD) in Asia.

Detailed information about the ACG 24th General Meeting is available at http://acg24.org.
The meeting, being the first face to face gathering of the regional central securities depositories (CSDs) for the past 3 years, was attended by over 20 CSDs in the region, including CMU, to exchange ideas from pandemic challenges and solution to disruptive technologies and business innovation.
Mr Stanley Chan, Division Head of Payment Systems Operation of the Hong Kong Monetary Authority, joined the panel discussion on Unprecedented Challenges and Creative Responses to share with the delegates on how CMU overcame various challenges arising from the pandemic such as shortage of human resources and unstable supply of equipment. Mr Chan also illustrated how CMU has turned these obstacles into accelerators of fintech adoption.
Besides, CMU delegation shared with the New Business Initiative Task Force the updates on the CMU New Platform and the operation of Southbound trading of Bond Connect since its launch in 2021. The upgrade of CMU system and service will further enhance its capabilities and efficiency to grasp business opportunities arising from Bond Connect, providing impetus to its development towards an international central securities depository (ICSD) in Asia.

Detailed information about the ACG 24th General Meeting is available at http://acg24.org.