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This technical note looks at the systemic risks stemming from the potential issuance of Central Bank Digital Currency (CBDC) in Sweden, as well as the growing significance of the Fintech sector. The Riksbank has been one of the pioneers in the analysis of CBDC, has recognized risks, and has put...
Persistent link: https://www.econbiz.de/10015059535
conform to various dimensions of transparency as information is disseminated through several channels …
Persistent link: https://www.econbiz.de/10015059682
The Bank Al-Maghrib (BAM) has implemented expanded and comprehensive transparency practices in a number of areas, notably related to the primary mandate of price stability and the shared mandate of financial stability. This reflects the BAM's public commitment to transparency anchored in the new...
Persistent link: https://www.econbiz.de/10015059882
The Central Bank of Seychelles (CBS) sets a high benchmark for transparency, given the economic, and financial development and literacy circumstances of Seychelles, which is recognized by the stakeholders, thus maintaining a high level of trust and accountability. Despite constrained human...
Persistent link: https://www.econbiz.de/10015060059
The Bank of Canada (BOC) sets a high benchmark for transparency, which is recognized by its stakeholders, thus maintaining a high level of trust and accountability. The BOC's transparency practices are broadly aligned with expanded and comprehensive practices as defined by the IMF Central Bank...
Persistent link: https://www.econbiz.de/10015060060
-developed communication framework and architecture were assessed to be comprehensive in this IMF CBT review. While general information about …, and financial autonomy could be improved. The annual report and website contain the core information, but some important … elements require complete information or simpler translations from the legal language. Additional transparency in some areas of …
Persistent link: https://www.econbiz.de/10015060241
. The TA should continue to focus on the developments of the nowcasting framework for inflation and gross domestic product … now includes the monthly forecasts of ten subgroups of the core CPI inflation as well as two subgroups of food inflation …, thus enabling the assessment of the key drivers of inflation as well as the nature of inflation shocks. It also allows for …
Persistent link: https://www.econbiz.de/10015058802
This Technical Assistance Report on the Seychelles discusses Stress Testing the Central Bank Balance Sheet (CBS). The CBS balance sheet is weak, due to the cost of carrying foreign exchange (FX) reserves. The conditions of CBS lending in Seychellois rupees (SCR) also contributed to weakening the...
Persistent link: https://www.econbiz.de/10015058951
This Technical Assistance Report on Peru focuses on Central Bank Digital Currency (CBDC) Stakeholder Engagement …. Consistent with recommendations from the first mission, the BCRP recognized the need to focus on an initial engagement with …
Persistent link: https://www.econbiz.de/10015058974
This paper highlights the details of the technical assistance (TA) provided to the Bank of Mongolia (BOM) on central bank communications. The purpose of the mission was to assist the authorities in enhancing the existing communication framework of BOM, and to suggest a roadmap for eventual...
Persistent link: https://www.econbiz.de/10015059414