Sentences with phrase «role for central banks»

agustin carstens / Bank for International Settlements (BIS) / Bitcoin / Center for Financial Studies (CFS) / Central Banking / crypto assets / Cryptocurrency / debasement / Depression / Deutsche Bundesbank / Digital Tokens / distributed ledger tech / Featured / Frankfurt / Germany / goethe university / laissez - faire / Money in the Digital Age: What Role for Central Banks?

It added that «introducing a central bank digital currency could result in a wider presence of central banks in financial systems», which could result in a «greater role for central banks in allocating economic resources, which could entail overall economic losses should such entities be less efficient than the private sector in allocating resources».

Eichengreen stated that «I think there is a role for central bank - issued digital currencies which are a very different thing that crypto, anonymous currencies.

Not exact matches

The panel called for governments around the world to step forward and take more bold and innovative leadership roles, to complement the actions of the central banks.

During the crisis, the global community came together to address weaknesses in the international monetary system: creating the Financial Stability Board and European Stability Mechanism, strengthening central bank swap lines, and carving out a more prominent role for the G - 20.

It says something about the magnitude of the event that it played out during the tenure of two central bank Governors, each of whom were in the role for a decade, and will likely still be an important issue, in the early stages at least, for the next Governor.

Agustín Carstens, the new general manager of the Bank of International Settlements (BIS), the self - described «bank for central banks,» has made his first major public speech since assuming the role in December 2Bank of International Settlements (BIS), the self - described «bank for central banks,» has made his first major public speech since assuming the role in December 2bank for central banks,» has made his first major public speech since assuming the role in December 2017.

But I think if we were going to try to simplify this so that it makes a little bit of sense for people I think one of the main reasons that we can talk about why this might be happening comes down to central banks around the globe are playing a major role in the buying and selling of financial assets and an extreme degree.

As digital currencies emerge, therefore, the preference for decentralised payment systems would ostensibly render the use of a banking intermediary redundant, which raises pertinent questions regarding the role — or lack thereof — of central banks.

Its role in 2014, as a haven for investments when central banks and governments are keeping excitement contained elsewhere provides an interesting counterpoint to the precious metal: so often turned to when markets got too unpredictable in the past.

Bill White, whom I have great respect for, as I call him Mr. Lean or Clean because in 2006, he wrote that wonderful paper for BIS talking about the role of central banks and should they be in the business of leaning into spectated bubbles or should they just wait and just clean.

The collapse of UT and Capital banks in August last year shook the financial market and triggered calls for the Central Bank to take its regulatory role seriously.

Michael Ellis, Minister for Arts, Heritage and Tourism, said: «Jodrell Bank played a central role in transforming our understanding of the Universe and is therefore a site of global importance.

He is probably most famous for his observation that the central bank's role was to «take away the punch bowl just when the party is getting started.»

Prior to moving into a central knowledge management role, Alison spent a decade as a professional support lawyer supporting the finance team and has particular expertise in banking law where she was responsible for developing and maintaining precedents, co-ordinating, writing and delivering technical training, collating know - how and keeping the team up to date with legal and technical developments.

The Swiss bank is also taking a leading role in Utility Settlement Coin (USC), which is exploring the potential benefits of blockchain for central banks.

While none of the banks have officially commented on the development, the Economic Times quoted an anonymous source saying that the move was largely a deterrent for suspicious transactions and the country's central bank had no role in it.

Perhaps most encouraging for the technology is that with top central banks exploring the technology, there remains the possibility that they could even come to play an active role in encouraging and promoting its development in Q4 and beyond.

«The fact that the Bank of Mum and Dad has to play such a central role in our housing market shows just how desperate the situation has become for a generation that's priced out of a home of their own,» says Shelter Chief Executive Campbell Robb.