FMI
Bank of Thailand to test use of digital currency for interbank settlement
Governor says bank is close to finishing proof-of-concept for digital bond issues
Resolution still essential for CCPs – BoE’s Cunliffe
Despite high loss absorbency, CCPs still need a resolution framework, deputy governor says
Sarb says blockchain project exceeds expectations
System has capability to process twice the number of transactions as the current RTGS system
RBI pledges to create public credit register
Existing system is fragmented, making it hard to accurately assess a borrower’s credit history
DNB develops new instant payment network
Banks will be able to process payments within seconds by mid-2019, the central bank says
Visa outage highlights fragility of electronic payments
European network experiences outage for several hours on June 1
India needs new payments ‘vision’ – Kanungo
RBI deputy governor calls for debate on several innovative areas for Indian payments
Bank of England says UK payment schemes must adapt to ISO messaging standard
BoE will hold consultation with interested parties in June
Not all payments will benefit from blockchain – RBNZ research
Article recognises cross-border payments could be made more efficient with blockchain
Swift starts work on pan-European real-time payment connectivity pilot
Messaging infrastructure aims to connect Tips and EBA Clearing’s RT1 system
Dudley calls for ‘aggressive action’ on benchmark reforms
Failure to move to new framework before 2021 could create “large-scale disorder”
Ghana’s Addison warns banks on price of not innovating
Emerging fintechs have the power to displace traditional banks, Ghanaian governor says
Brainard ‘optimistic’ DLT has future in financial services
While privacy remains a concern, Fed board member believes resilience of technology means it has a future
Canada’s Project Jasper finds DLT is viable for securities settlement
Phase III of the project saw central bank cash and assets instantly settled across DLT network
ECB awards $19.6 million treasury contract to Openlink
Central bank says treasury management system is a “mission critical” system
UK takes next steps in payments shake-up
Two of the three retail payment systems have been taken over by the New Payment System Operator
CFTC’s Pan: PFMIs not a template for global regulation
US regulator has previously warned EU supervisors not to unpick hard-won equivalence agreement
Bank of Uganda launches electronic cheque-clearing system
It aims to make cheque processing faster, cheaper and safer
Yi Gang unveils timetable for opening up measures
No plans to depreciate renminbi amid trade spat, PBoC governor says
Investment key to Europe’s digital future, says Commission’s Ansip
Commission vice-president provides update on digital single market project
Xi pledges to open up economy amid trade tension
China’s president adopts soothing tone towards US
BoE outlines DLT proof of concept
Participants will access cloud-based platform which will simulate new RTGS system
DLT offers new possibilities for securities settlement, says ECB and BoJ team
Second phase of ‘Project Stella’ looks at delivery versus payment on three DLT platforms
Mifid transparency has failed so far, say traders
Poor-quality, inaccessible data and the lack of instruments covered undermine use case