In a chain of events driven by new technology, one may sometimes get an eerie feeling of events preceding their cause. So, when it comes to designing a strategy for supervisory technology (suptech), it’s always…
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Major initial public offerings on the stock market will prompt capital inflows and protect the Hong Kong dollar peg, Eddie Yue, chief executive of Hong Kong’s de facto central bank, said last week. The aggregate…
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Somalia’s mobile money platforms have played an important role in distributing humanitarian aid, the country’s central bank said on October 17. Central Bank of Somalia governor Abdirahman Mohamed Abdullahi said the platforms have the potential to…
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Central banks should consider using a range of different formats to communicate economic information to different audiences, according to research from Australia’s central bank. In their paper, Joan Huang and John Simon examine how different…
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Malawian police arrested Dalitso Kabambe, former governor of the central bank on June 28, say media reports. The police confirmed that Kabambe was held at Lubadzi police station in the capital, Lilongwe. Three others connected to…
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The Deutsche Bundesbank will not distribute profit to the German federal government for the first time since 1979, it said on March 3. The Bundesbank this was mainly due to the increase in risk provisioning,…
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A group of international financial organisations has launched the Climate Training Alliance (CTA) to provide climate risk education to central banks and financial supervisors. In a statement on July 9, the Bank for International Settlements announced…
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The number of women in senior positions within UK banks has increased over the last 20 years, but little progress has been made on improving age and nationality diversity. These were the findings of new…
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Vietnam’s prime minister, Pham Minh Chinh, has instructed the country’s central bank to develop a “virtual currency” based on blockchain within the next three years. On June 15, Chinh published a plan for the development…
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Putting more investment and energy into regtech, instead of solely focusing on crypto and CBDC, would help to secure more of the expected benefits from digital evolution by : Source link
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