Monographs/Information Papers
Published Date: 13 November 2026

Project Meridian FX APAC

Through Project Meridian FX APAC, the Bank of England, Monetary Authority of Singapore and Bank of Thailand explore how sychronisation could support safer and more efficient foreign exchange settlement across different central bank money systems. The project tests payment-versus-payment foreign exchange (FX) settlement, multilateral net FX settlement and a range of exception scenarios across the central banks’ simulated settlement environments.

The project’s findings and insights are published across three complementary reports: Executive Summary and Introduction, Technical Report and Policy Report. Together, they set out the experimental results, key technical findings and policy considerations.