Governments should use their tax and spend powers to address rising levels of inequality, rather than relying on central banks to help build a fairer society. That’s the message from […]
The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]
A three-decade global push to tighten anti-money-laundering (AML) rules appears to be running out of road. That’s one conclusion to be drawn from the latest Bank for International Settlements (BIS) […]
Last week the general manager of the Bank for International Settlements (BIS), Agustín Carstens, made a spirited defence of central banks’ role in the global monetary system. “The monetary and […]
It’s time to level the playing field between technology firms and finance incumbents, say policymakers. Along with healthcare, transport and energy, finance is one of the most heavily regulated sectors […]