Accounts
Innovation for real-time payments and settlements
Financial and institutional banking have undergone a transformational technological shift, meaning working in real time is increasingly commonplace. This is not the case for payments and settlement, which can still take days. Baton Systems explores how…
Central banks responding to pace of change in a hyperconnected world
Daily processes large and small have seen a drastic shift of emphasis towards increased automation as evolving technology has permeated every aspect of people’s lives. Lars Schröder, senior engagement manager at SkySparc, explores the impact of…
RBI hands over chunk of its capital to government
Nearly $25 billion transferred to government as long-awaited Jalan report is submitted
BIS to scale up banking services as part of new strategy
“Innovation BIS 2025” envisages broader research agenda and new channels of co-operation
Time for resilience
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock explores the importance of protection in downturn scenarios for reserve managers.
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Bay Area Development
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
Argentina launches digital platform to foster financial literacy
Central bank will use platform to promote use of bank accounts and electronic payments
IMF budget flat for another year
Fund faces eighth year with its budget unchanged in real terms
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Internationalising renminbi – Hong Kong leads the way
Hong Kong’s advantages in technology, talent and infrastructure make it best placed to form the primary transaction and risk management network for the overseas offshore renminbi market, argues Zhou Chengjun, IFF Academic Committee member and deputy…
Namibian government proposes to cap its borrowing from central bank
Finance minister asks for five-fold increase to central bank’s capital to pay for new responsibilities
Boston Fed research encourages tokenisation for ecommerce
Payment method could reduce fraud, paper says, given account information is removed from the process
Philippine central bank handed new stability powers and mandate
Act removes money supply and credit as determinants for monetary policy in addition to granting central bank broader supervisory scope
RBI boosts Modi’s coffers with early dividend
Interim payout is larger than in 2018 and comes ahead of general election
Risk manager: Saudi Arabian Monetary Authority
A multi-year overhaul of the Saudi central bank’s risk architecture has come to fruition, resulting in radical changes in behaviour
Turkish central bank makes early payout to government
Extraordinary general meeting sees CBRT agree to similar actions in future
Supervisory lessons: resolution is a ‘dirty business’
Former Bank of Spain head of supervision Aristóbulo de Juan reveals his principles for resolving problem banks in the final article of a four-part series
BoE keeping ‘open mind’ on central bank digital currency – Carney
But “it could be some time” before private accounts are available at BoE, if they are ever offered, governor says during online Q&A
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
Auditors call for BoE to do more to modernise working practices
Complex, outdated and overly manual processes are adding to costs, says report
Asset management: outlook for 2019
Monetary policy divergence, fears over protectionism and ESG are shaping reserve managers’ approach to 2019
Singapore central bank probes possible misconduct at large trading group
Noble Group shares suspended as MAS, police and accounting regulators examine allegations
People: Former Malawian governor dies
Mathews Chikaonda served as governor in the 1990s; new senior appointments made at the BIS; and more