All posts tagged "Central Banks"
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680Crypto / Digital AssetsBIS Vision for Monetary System Doesn’t Include Crypto
BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.
June 22, 2022 -
554Asia-PacificBangladesh Bank to Assess Feasibility of Introducing CBDC
A CBDC is needed to facilitate the growth of digital transactions and encourage startups and e-commerce businesses, the finance minister said.
June 14, 2022 -
642Big PictureSustainable Investing Slowly Taking Root at Central Banks
A new report says central banks are increasingly looking to align their operations with sustainability objectives within the constraints of their mandates.
May 31, 2022 -
524Crypto / Digital AssetsSWIFT to Develop Capabilities to Interlink CBDCs With Payment Systems
SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
May 26, 2022 -
525Big PictureNGFS Issues Reports on Climate-related Risks and Ratings
Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.
May 24, 2022 -
381Asia-PacificASEAN+3 Ministers Pledge to Maintain Regional Stability
The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.
May 20, 2022 -
430Feature
CPMI Advances Work on Enhancing Cross-border Payments
A final report has been issued on extending RTGS operating hours, and another offering a framework for jurisdictions to self-assess payment system access.
May 13, 2022 -
545Crypto / Digital Assets
90pc of Central Banks Are Exploring a CBDC, BIS Finds
More than a third of central banks will soon have legal authority to issue a CBDC. More than two thirds are likely to launch a retail CBDC in the short or medium term.
May 10, 2022 -
408ESG / Sustainability
NGFS Forms New Task Force to Address Nature-related Risks
The extent and severity of the physical and transition risks linked to biodiversity loss will be more difficult for the financial industry to assess than for climate change.
March 28, 2022 -
773Asia-Pacific
BIS, Central Banks Complete Development of Multi-CBDC Prototypes
The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.
March 23, 2022
