Official Record
BIS tests tokenised FX settlement in instant cross-border payments
Minimal tech upgrades proposed to link central bank money on DLT across Europe and Asia
IMF opens third China office in Shanghai
Institution and PBoC say new hub will conduct research into Asia-Pacific’s emerging economies
Iceland abruptly stops FX purchases
Short-lived programme brought in €429 million of revenue for central bank
Bank of Russia to scrap some FX transfer limits
Institution to lift restrictions four months early for citizens and foreigners from “friendly countries”
Synchronisation can support tokenised securities settlement – BoE
But central bank says it is unclear whether it outperforms unified ledger
Sarb finds ‘no compelling need’ for a retail CBDC
Central bank pivots towards wholesale version while modernising national payments system
Nigeria holds rates at 27% despite easing inflation
Governor says exit from FATF grey list and outlook upgrade will boost capital inflows
Namibia governor to step down one year ahead of schedule
Johannes !Gawaxab, chief of central bank since 2020, will depart on December 31
Iceland cuts back on regular currency purchases
Reserves have reached more than 120% of IMF’s preferred metric
Vietnam to allow major banks to increase gold positions
State media says central bank aims to reduce gap between global and domestic prices of precious metal
India to set up remittance link with Bahrain
Bilateral corridor will facilitate instant payments by Gulf kingdom’s large Indian community
Bank of Botswana warns of ‘risk spillovers’ to banking sector
Central bank highlights ongoing impacts of banking sector liquidity squeeze
Belgium simplifies capital buffers, increases CCyB by 25bp
Mortgage-specific measure to be folded into single, general buffer
New Zealand banks can withstand geopolitical shocks, says RBNZ
Latest stress test monitors impact of recession and liquidity crisis triggered by potential global events
Asia-Pacific central banks list geopolitics, AI among key challenges
EMEAP, representing monetary authorities from across region, commits to strengthening co-operation
Hong Kong’s fintech strategy pits AI against AI – Yue
HKMA chief sets out AI focus after regtech adoption reportedly reaches 97%
Concentrated IT market poses systemic risks, Dutch say
AFM and DNB urge Europe’s financial sector to diversify digital service providers
SNB to open ‘Moneyverse’ in renovated visitor centre
“Interactive experience” will help financial literacy and give “glimpse” into the SNB, central bank says
FSB finds large gaps in implementing regulatory reforms
Efforts to strengthen resilience of financial sector have not been timely or consistent, body warns
RBNZ to set up financial policy committee
Institutional reform comes after parliamentary inquiry suggests idea that mirrors set-up at BoE
IMF warns of AI adoption resulting in tiered supervision
Advanced economies more likely to use suptech, while EMEs may not be able to afford it