Blockchain technology proved able to process hundreds of thousands of instant transactions in a digital euro experiment carried out by eurozone national central banks. The exercise was part of the preliminary work leading up to…
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Robert Binder, Daniel Kämmerer and Daniel Münch of BearingPoint RegTech explore the architectural principles crucial for successful supervisory technology – or SupTech – applications, and examine the future of regulatory reporting in this context, with the flexibility…
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The Biden administration’s $1.9 trillion stimulus is likely to trigger spillovers worldwide and could strengthen the case for the Bank of England to ease policy further, Hélène Rey said on March 8. Rey, a professor of…
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Japan’s three-decade strategy to finance its ever-growing public debt load may have reached its limits due to losses of public companies and volatile sovereign bond market. This is the conclusion of the research work, Japan’s public…
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Most firms have little knowledge of Fed policy, the authors say US firms have little understanding of monetary policy and their inflation expectations deviate “dramatically” from those of professional forecasters, new research finds. The working…
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The Monetary Authority of Singapore (MAS) has published a sustainability report for the first time, setting out the central bank’s work to green Singapore’s finance sector and its own operations. The policies include the central…
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The Swiss National Bank’s profits dropped in 2020 by over 59% in relation to 2019, the central bank said today (March 2). The SNB reported profits of Sfr20.9 billion ($22.8 billion), down from Sfr48.9 billion…
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The Bank of England has admitted it has fallen short of ensuring employees from minority ethnic groups receive equal treatment, following a critical report by the bank’s oversight body. “The experience of colleagues with different…
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Canada: The Bank of Canada announced on July 21 that it had named Sharon Kozicki as a new deputy governor. Kozicki will begin work on August 2, the central bank said. Kozicki has served as…
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Central bank digital currency may be a necessary response to the decline in competition in the digital economy, staff at the Bank of Canada argue. “Without a public digital payment option, current problems related to…
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