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European policy-makers remain cautious on CBDC technology

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European policy-makers remain cautious on CBDC technology

Friday 10 December 2021 – Vol.12 Ed.49.5

Commentary: CBDC debate in Europe foundering on endemic complexity

By Katie-Ann Wilson and John Orchard

European policy-makers have more clarity on the need for retail central bank digital currency than wholesale, but remain cautious about moving too quickly on either. Discussions on CBDC for consumers have centred around the important role of public policy in offering central bank money in retail form, with discussions on wholesale becoming about a wider exploration of innovation in technology.

Read the full commentary on the website

Meeting: Virtual roundtable with Ashley Alder

Tuesday 14 December 09:00-10:00 GMT

Regulators worldwide continue to grapple with the pandemic and to ensure global markets remain resilient. At the same time, regulators are contending with issues such as money market funds, non-bank financial intermediation and sustainable finance. Ashley Alder, chair of the International Organization of Securities Commissions and chief executive officer of the Hong Kong Securities and Futures Commission, discusses IOSCO and the global regulatory agenda.

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