Central Banking

G30 proposes payment system security revolution

The Group of Thirty have announced proposals for far-reaching reform of the global securities markets. The highly influential group, made up of prestigious members of the central and private banking community, has drawn up a detailed and comprehensive plan which aims to increase safety, reduce investor costs and strengthen market efficiency for the international clearance and settlement of securities. CentralBankNet reports from Thursday's press conference.

The plan, which was unveiled at the

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