Big Picture

A new IMF paper offers lessons on CBDCs drawn from ongoing projects in China, the Bahamas, Sweden, Uruguay, Canada and the ECCU.

Using SWIFT gpi datasets, CPMI identified capital controls, longer bank offline hours, and batch processing as factors that slow down cross-border payments.

A new BIS paper finds that banks with high shadow loans face higher funding costs in the wholesale market and witness lower returns during market stress.

Wash trading profits are likely derived from sales to "unsuspecting buyers", who believe the NFTs they purchase have been growing in value.

The report highlights prioritisation gaps between business executives and security-focused leaders, saying this can leave firms vulnerable to attacks.

A new Europol report highlights that the illicit use of crypto includes "all types of crime that require transfers of monetary value".

New BIS paper says consent-based data governance systems with low transaction costs are key to promoting the development of virtual banking worldwide.

New Pictet-IIF report says inconsistent disclosures are limiting growth, with ‘climate-aligned’ bonds meeting the supply shortfall.

The paper offers guidance for prudential authorities in deciding whether to allow tech firms to enter into banking, and what requirements to impose on them.

Hong Kong banks' exposures to the mainland property market warrant continued close monitoring and periodic stress testing.