The Bank of England, Monetary Authority of Singapore, and Bank of Thailand have published results from Project Meridian FX APAC trials, demonstrating that synchronisation mechanisms can enable cross-border foreign exchange settlement across central bank systems built on different technologies. The trials, conducted in test environments at all three institutions, covered payment-versus-payment (PvP) FX settlement and multilateral netting spanning both real-time gross settlement and distributed ledger technology (DLT) systems. The Bank of England plans to launch its synchronisation interface in 2028, with fintech firm Partior serving as the project delivery partner.