FMI
Liikanen on the cash single shared platform
In the speech 'CashSSP - the cash single shared platform' given on 16 March Erkki Liikanen of the Bank of Finland said we expect that all Eurosystem central banks can and will participate in the emerging division of labour on the basis of reasonable…
New developments in clearing and settlement
The Committee on Payment and Settlement Systems (CPSS) issued a report on New developments in clearing and settlement arrangements for OTC derivatives on 16 March.
Narube on the newly designed Fiji banknotes
In the speech 'Unveiling the newly designed Fiji banknotes' given on 9 March Savenaca Narube of the Reserve Bank of Fiji said that the bank decided to stay with paper rather than change to polymer or plastic.
Iran plans banknote with atomic symbol - reports
Iran, which is currently embroiled in a row with the West over its nuclear ambitions, will issue a new banknote this month carrying an atomic symbol, newspapers reported on Sunday 4 March.
Report says watchdog to probe ECB settlement plan
The European Central Bank's plans to establish an integrated securities settlement system in the euro zone will be examined by the region's competition watchdog, according to a report by the FT Thursday 1 February.
BoE Payment Systems Oversight Report
The Bank of England published its third Payment Systems Oversight Report on Tuesday 27 February. The report says its overall message is encouraging, summarising the developments in the key UK payment systems over the past year and explaining the focus of…
ECB's Tumpel-Gugerell still sees SEPA from Jan 08
European Central Bank board member Gertrude Tumpel-Gugerell said Tuesday 20 February the plan for a single euro payments area (SEPA) is still on track to begin operations from 1 Jan next year, despite disputes over organising cross-border operations.
Sweden's Riksbank appoints new head of IT
The Executive Board of the Sveriges Riksbank appointed Hans Ohlson as new head of the IT Department on Friday 16 February. Mr Ohlson will take up this post on 15 May.
Tumpel-Gugerell on the ECB's view on SEPA
In the speech 'The European Central Bank's view on SEPA' given on 13 February Gertrude Tumpel-Gugerell of the ECB said the aim of SEPA is to complete the introduction of the euro as the single currency and to support European integration.
Canada paper on electronic trading platforms
This Bank of Canada Working Paper examines the impact of increased transparency, brought about by the introduction of three electronic trading systems, on the brokered interdealer market for Government of Canada benchmark securities.
ECSDA calls for postponement on settlement system
The European Central Securities Depositories Association (ECSDA) has called for the European Central Bank to postpone plans to implement an integrated securities settlement system in the euro zone, the Financial Times reported.
ECB rapped by EU privacy regulator over Swift
The EU's data protection supervisor, Peter Hustinx, said Thursday 2 February that it was unacceptable for confidential data to be handed to US authorities and the European Central Bank should do more to control the Swift payment transactions network.
Remarks by the ECB on the oversight of SWIFT
The European Central Bank (ECB) said in a press release Thursday 1 January it would like to note that central banks are responsible for fostering financial stability and promoting the smooth operation of payment and settlement systems.
Interview with SWIFT's Campos
In this recent interview with The Asian Banker, Lazaro Campos, head of the banking industry division at SWIFT says that SWIFT will become part of the domestic securities world before it picks up in payments.
General principles for intl remittance services
The Committee on Payment and Settlement Systems (CPSS) and the World Bank issued a report Tuesday 23 January which provides an analysis of the payment system aspects of remittances, to assist countries that are seeking to improve the market for…
Ministers concerned over settlement plan - report
European finance ministers have raised doubts about the European Central Bank's plan to provide its own settlement system for eurozone securities transactions, the Financial Times reported Monday 22 January.
ECB says pan-euro settlement system to cut costs
The European Central Bank said Tuesday 16 January it believes the implementation of an integrated securities settlement system in the euro zone could cut settlement costs by up to 90%.
HKMA says real-time bond system ready 5-6 weeks
The real-time settlement system for yuan-denominated bond issues in Hong Kong will be ready in 5-6 weeks, HKMA chief executive Joseph Yam said in Beijing Tuesday 16 January.
ECB says Slovenia's euro switch successful
Two weeks after the introduction of the euro banknotes and coins, the cash changeover in Slovenia has been successfully finalised in accordance with the plans, the European Central Bank said Tuesday 16 January.
EPCA conference scheduled for May
The 6th International European Payments Consulting Association (EPCA) Conference will be held in Frankfurt on 15 and 16 May 2007. This year's theme is 'Reshaping the European payment landscape: the realistic scenarios'.
ECB says 265,000 counterfeit euro notes detected
The European Central Bank said Friday 12 January a total of 265,000 counterfeit euro banknotes were removed from circulation during the second half of last year.
Kansas Fed's update to ATM and debit card guide
The Federal Reserve Bank of Kansas City published the 2006 update to "A Guide to the ATM and Debit Card Industry" on 8 January. The three years since the original book was published have been a very dynamic time in the industry with a number of important…
Wall Street Systems announce new derivatives deal
Wall Street Systems, a provider of global treasury, trading and settlement services, has announced a new partnership with NumeriX, provider of cross-asset derivatives pricing and valuation software.
China to launch SHIBOR to develop benchmark rate
China will launch the Shanghai Interbank Offer Rate (SHIBOR) from Thursday 4 January, in a move to develop a benchmark rate for the interbank market, the People's Bank of China said.