FMI
IMF explores ways to increase profitability of Italy’s banking sector
The country’s financial sector is fragmented, recording higher operational costs than EU average
Belize launches next phase of payment overhaul
Cheque payments which would have taken up to a week will be processed within 24 hours under new system
Task force calls on Fed to upgrade settlement system
Faster payments task force urges Fed to expand settlement service to all hours
Belarus turns to blockchain for information sharing
Central bank uses technology for new information sharing network
Tensions rise as EU payments deadline nears
Many are concerned by potential flaws in Europe's revised payment services directive
BoE opens RTGS to non-bank payment service providers
Non-banks gain direct access to settlement accounts at the Bank of England for the first time
BoE distributed ledger project delivers cross-border payments success
Bank of England completes transactions across two RTGS networks using Ripple’s DLT solution
ECB wants ESAs to focus on ‘European dimension’
Central bank says supervisors should be reshaped to better promote European interests
CCP network study uncovers highly concentrated core of firms
First data-collection exercise of its kind reveals concentrated core and more dispersed periphery
Macedonia’s Kadievska: DLT could ‘completely replace’ some intermediaries
Maja Kadievska analyses the pros and cons of distributed ledger technology
Fixing the ‘perverse incentives’ in the SLR
Richard Heckinger warns supplementary leverage ratio could discourage use of CCPs
US dealers wade into European CCP relocation debate
CFTC hearing warns of increased margining costs and a pre-Brexit client onboarding crunch
UK payments regulator unveils competition reforms
Reforms aim to open up UK payments infrastructure to competition
BSP piles pressure on banks to adopt new chip technology
Philippines central bank imposes “hard deadline” for banks to migrate to EMV technology
Kazakh central bank to roll out blockchain-based savings
Central bank plans to allow public to directly trade short-term notes
The ECB must reform Target2 to make it sustainable
Target2 has emerged as eurozone’s financing entity for structural balance-of-payments gaps
Swedish clearing system puts infrastructure at risk – Riksbank
“Inflexible” system could damage conduct of monetary policy, says Swedish central bank
Financial integration will strengthen region – Thai governor
Santiprabhob says policies need to “converge” to create integrated market
MAS’s DLT project posts successful results
Network issues digital Singapore dollars across a DLT network to settle interbank debts
Pure DLT systems not yet suitable for wholesale payments – Bank of Canada
The current state of distributed ledger technology makes it too inefficient to run as a pure system, researchers say
Bank Negara governor defends efforts to curb NDF market
Malaysian central bank will continue its actions to improve market mechanism
DLT expert: central banks should consider wider uses than just payments
Instead of payments, central banks should look to implement DLT for identity document transfer, says Michael Mainelli
Digital currency could remove need for positive inflation target, economists argue
Proposed digital currency framework eliminates the need for “inflation buffer”
Kashkari has inflation concerns about bitcoin
The potential of digital currencies lies with underlying infrastructure, Minneapolis Fed president says