Earlier last year, Lane noted that the pandemic was accelerating the need for the Bank to understand how a digital currency would work as Canadians relied further on online services. During Tuesday’s ...

Canada’s central bank expressed a similar concern in its most recent update. “The interconnectedness of the financial system could lead to rapid transmission of stress from a cyberattack,” the report ...

Separately, Singapore’s financial sector is on track to meet its goal of creating 3,000 to 4,000 net jobs in 2025, the MAS said, compared with average annual net jobs of 4,400 created in 2021-2024.

The pilot, which was launched in late 2020, built on work by the Central Banks and Supervisors Network for Greening the Financial System (NGFS)—a group of more than 100 members that defines and ...

The role central bank digital currencies (CBDC) play differs for advanced nations with a robust banking system and emerging economies that can use CBDCs to make up for shortfalls in their financial ...

About the event, he said," This event is a platform for the exchange houses to discuss the upgraded solutions and compliance in the light of the Central Bank of the UAE's digital transformation ...

Despite high hopes for greater flexibility and more cooperation between the Bank of Thailand and the government, economists remain concerned about the bank's independence and creditibilty.HIGH ...

The Central Bank of Papua New Guinea reaffirmed its commitment to maintaining price stability and managing the exchange rate, even as it recognizes the disappointing contributions of the mineral ...

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt's delegation at the third G20 Finance Ministers and ...