CMU OmniClear joins PASLA 07 March 2025Hong Kong Reporter: Daniel Tison
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The Pan Asia Securities Lending Association (PASLA) has welcomed CMU OmniClear as a Solutions member.
Incorporated in 2024, CMU OmniClear is a wholly-owned subsidiary of the Exchange Fund — the primary investment arm and sovereign wealth fund of the Hong Kong Monetary Authority (HKMA).
Since January 2025, the company has been carrying out the operations and business development activities of the Central Moneymarkets Unit (CMU) on behalf of the HKMA.
CMU is a central securities depository (CSD) for debt securities in Hong Kong, aspiring to develop the CMU into a major international CSD in Asia, connecting China and global bond markets within a single network.
In March, CMU OmniClear signed a Memorandum of Understanding with Hong Kong Exchange and Clearing (HKEX) to enhance the region’s post-trade securities infrastructure.
Established in 1995, PASLA is an industry association representing the interests of the securities finance market across APAC, with the aim of developing the regional securities finance market structures in line with the needs of its membership and stakeholders.
PASLA’s Solutions membership is specifically aimed at clearing houses, data providers, exchanges, and fintech firms that are involved with securities finance transactions.
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