Christine Lagarde: regulatory and supervisory technology can help “shut criminals out of the crypto world” The head of the International Monetary Fund has suggested using the same technological innovations that underpin cryptocurrencies to help regulate…
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The BIS chief speaks about how to strengthen the global safety net, vulnerabilities in emerging markets and the challenges and opportunities posed by fintech by : Source link
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The past year saw a number of factors expand the Reserve Bank of Australia’s (RBA) balance sheet, governor Glenn Stevens wrote in the central bank’s Annual Report 2014. Stevens described the changes as “substantial”, saying…
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Christopher Waller, a member of the Federal Reserve Board of Governors, told a conference on May 6 that the Fed was not falling short of its mandate. He defended the actions of the US central…
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The US Federal Reserve’s Eccles Building The Federal Reserve’s internal watchdog cleared chair Jerome Powell and former vice-chair Richard Clarida of ethical violations arising from equities transactions in 2020. In a memorandum addressed to Powell…
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The UK government revealed on June 21 that it would be injecting £1.2 billion ($1.6 billion) into the Bank of England. Governor Mark Carney called the agreement “ground-breaking”, saying it would provide important backing for…
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The Bank for International Settlements is strengthening its ties with the Americas as part of a broader overhaul of its strategy, general manager Agustín Carstens said on October 1. Carstens, himself a Mexican citizen, highlighted…
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The US Senate confirmed Michael Barr to a four-year term as the Federal Reserve’s vice-chair for supervision on July 13, and separately appointed him as a member of the board of governors for a term…
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Central banks have the high costs and slow speed of many cross-border payments firmly in their sights. They believe that embracing new technologies, such as instant payment systems and international bridges between national central bank…
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The US Commodity Futures Trading Commission (CFTC) is making a major effort to catch up with its peers in the UK and Singapore by setting up a financial technology ‘laboratory’, making more extensive use of…
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