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Bank of England sets up taskforce to explore central bank digital currency

Bank of England sets up taskforce to explore central bank digital currency More than 60 central banks are now exploring digital currencies, says PwC report 19 April 2021 - 19:45 Joanna Ossinger and Lucy Meakin Picture: 123RF/DIMARIK16 London  Britain’s Treasury and the Bank of England (BOE) are weighing the potential creation of a central bank digital currency (CBDC), joining authorities from China to Sweden exploring the next big step in the future of money. The government and central bank on Monday announced the creation of a taskforce to co-ordinate on the possibility of BOE-issued digital money for use by households and businesses. They will engage in discussions with stakeholders on the risks and benefits before making a decision.

Bank of England to consider digital money plan

Bank of England to consider digital money plan
bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.

Lockdown getaway: The Wellesley Grove Journal

Lockdown getaway When former FSA banking boss Katharine Braddick was drafted in to lead negotiations over a financial services deal with the EU in the wake of Brexit, many said she had been thrown a hospital pass. She couldn’t keep everyone happy, surely. But now WGJ has learned there is at least one perk of her job.

Regulation Round Up - March 2021 | Proskauer Rose LLP

The European Commission published a  30 March FSB”) published a  speech made by Randal Quarles, FSB Chair, that sets out details of the FSB s areas of focus for 2021. European Securities and Markets Authority (“ ESMA”) published an updated version of its  Q&As (ESMA34-32-352) on the application of the Alternative Investment Fund Managers Directive (EU/2011/61) (“ AIFMD”). HM Treasury published a  statement concerning the first meeting of the Joint Committee established under the UK-US bilateral agreement on insurance and reinsurance prudential measures. ESMA published its  final report (dated 23 March 2021) (ESMA74-362-1013) on reference data and transaction reporting obligations under the Markets in Financial Instruments Regulation (600/2014) (“

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