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#CHAPS

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Oct 14Wed
  1. Bank of EnglandSource summary63

    Bank of England’s Money Markets Committee discusses extending RTGS and CHAPS settlement hours

    The Bank of England’s Money Markets Committee updated its plans to extend RTGS and CHAPS settlement hours to support innovation, cross-border payments and liquidity management. Feedback on the May 2026 consultation paper was broadly supportive of extending the existing operating day, but members noted that liquidity facilities outside operating hours, liquidity and collateral management on weekends and bank holidays, operational resilience and value date rollovers still need to be addressed. The Bank of England said it would continue working with the industry to further clarify the proposal.

    推荐理由：The meeting minutes show the level of support for extending RTGS and CHAPS settlement hours, as well as implementation constraints involving liquidity, collateral and operational resilience, helping market participants understand the priorities for near-24x7 settlement.

Oct 7Wed
  1. Bank of EnglandSource summary69

    Bank of England-hosted London Foreign Exchange Joint Standing Committee discusses near-24/7 settlement for RTGS and CHAPS

    The Bank of England-hosted London Foreign Exchange Joint Standing Committee discussed plans to transition RTGS and CHAPS to near-24/7 settlement at its June 24 meeting. The meeting noted that the relevant Consultation Paper is seeking feedback from stakeholders, and that extended settlement hours will affect FX market structure and bring adjustments in financial stability, investment, funding and treasury management.

    推荐理由：The meeting disclosed plans and consultation arrangements for the transition of RTGS and CHAPS to near-24/7 settlement, while also presenting its impact on FX market structure, financial stability and funding models.

Aug 27Thu
  1. Bank of EnglandSource summary72

    Bank of England postpones November 2026 RTGS standards release

    The Bank of England announced that the RTGS standards and CHAPS payment messaging standards, originally scheduled for release in November 2026, will be postponed in their entirety. Previously, SWIFT decided to postpone the November 2026 Swift Standards Release because the industry needed more time to prepare for the removal of unstructured postal address formats; the Bank of England will continue coordinating with SWIFT, other market infrastructures and RTGS participants on the subsequent timetable.

    推荐理由：The Bank of England has postponed the release of the full set of RTGS and CHAPS standards, and explained its arrangements for staying aligned with SWIFT and reducing implementation risks.

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Jun 15Mon