SNB's Blattner on the new banknotes project

In a speech on Switzerland's new banknotes project given on 2 February Niklaus Blattner of the Swiss National Bank said this step has become necessary because of the development of new technologies and the typically high demands on the design quality of Swiss banknotes.

"With progress being made in counterfeiting technology, a note-issuing bank, which has to ensure the security of its banknotes, must always strive to maintain a technological advantage over counterfeiters, or copy machines and

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