CPMI Archives - New Money Review

Tag: CPMI

Crypto’s wildfire growth creates run risks

October 13, 2021 Comments are Disabled

The incredible boom in fintech and crypto banking is eroding long-standing protections for depositors and creating wider systemic risks. Deposit insurance and depositor preference If you deposit money in a […]

Global regulators close in on tether

October 6, 2021 Comments are Disabled

Global financial regulators say the operators of digital tokens pegged to fiat currencies—stablecoins—must follow the stringent rules for other important financial infrastructures, such as payment systems, central securities depositories, securities […]

No easy fix for remittance costs

July 13, 2020 Comments are Disabled

There’s no easy way to address the frictions affecting global money flows, says the Committee on Payments and Market Infrastructures (CPMI), which looks after the safety and efficiency of the […]

BIS warns of new monopolies in payments

June 24, 2020 Comments are Disabled

The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]

CPMI issues report on new settlement standards

December 13, 2019 0 comments

For the regulators in charge of the global financial market’s infrastructure, new technologies are prompting a fundamental rethink of how payments and securities trades are settled. Now the Committee for […]

BIS boosts digital currency response

November 11, 2019 0 comments

The Bank for International Settlements (BIS) is boosting its response to innovative financial technology such as cryptocurrency by appointing European Central Bank board member Benoît Cœuré as the head of […]

Cash isn’t disappearing yet

November 5, 2019 0 comments

Despite the rapid rise of digital payments, cash isn’t on its way out yet. That’s the key message from the Bank for International Settlements (BIS), which published its annual ‘Red […]