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bank digital currency (CBDC) could well incorporate options and features specifically designed to execute cross … organized as follows. Section II specifically discusses the models developed jointly by the Bank of Canada, Bank of England, and …
Persistent link: https://www.econbiz.de/10012817614
and the wider economy. Central banks, too, are considering issuing their own digital currencies. A central bank digital … currency (CBDC) is a central bank liability that is digitally created and recorded on centralized or decentralized ledgers …, denominated in an existing unit of account, and convertible in physical cash, commercial bank money and other forms of money on …
Persistent link: https://www.econbiz.de/10012817615
payments system (NPS) in virtually every country in the world. Recently, the issuance of central bank digital currency (CBDC …
Persistent link: https://www.econbiz.de/10012817616
Emerging technology curation series aims to capture and share Korea experience and lessons learned in regard to exploration and adoption of emerging technologies like blockchain, AI, edge-computing, internet of things (IoT), 5G, et cetera Korea blockchain ecosystem is the first of the series and...
Persistent link: https://www.econbiz.de/10014366533
This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods …
Persistent link: https://www.econbiz.de/10012603726
attributes. From January 1, 2015, all EU Member States were required to transpose the Bank Recovery and Resolution Directive … Guidebook Understanding Bank Recovery and Resolution in the EU: a Guidebook to the BRRD …
Persistent link: https://www.econbiz.de/10012247960
There is growing awareness globally about the potential impacts of climate change on financial stability. Climate-related financial risks can be broadly grouped into two categories: (i) climate physical risks, which are financial risks stemming from the gradual and abrupt impacts of climate...
Persistent link: https://www.econbiz.de/10014553830
Cambodia has achieved remarkable economic development and political stabilization in recent years. Continuous high growth has heightened demand for high quality financial reporting and auditing in the corporate sector and in the government sector. This report on the observance of standards and...
Persistent link: https://www.econbiz.de/10013209205
Program (FSAP), which has been undertaken by the International Monetary Fund (IMF) and the World Bank (WB) in 2017, at the …
Persistent link: https://www.econbiz.de/10012644888
The China Banking Regulatory Commission (CBRC) has maintained its momentum in regulation and supervision in the face of exceptional growth in scale and increasing complexity of the banking system. Equally, the CBRC has risen to the demands of the international regulatory reform agenda,...
Persistent link: https://www.econbiz.de/10012644900