Why mBridge put the BIS in an awkward position |
By Herbert Poenisch |
The ability of Project mBridge to avoid the need for western messaging systems means it is of particular interest to two members of the Brics group. Russia and Iran are largely excluded from the global financial system due to western sanctions. They are in desperate need of a cross-border payments and settlement system to bypass the sanctions, which mBridge could provide the blueprint for. Read the full commentary → |
Britain and China: strong reserves of common ground
By David Marsh
At a turning point in both countries’ development, Britain and China share strong reserves of common ground. It is worth examining how the two countries can combine forces in some key areas.
MEETINGS
Key climate finance considerations for the G20
Wednesday 11 December, Roundtable
This roundtable considers some of the key climate financing considerations to come out of the G20 summit, including methods for scaling up green investment, barriers to sustainable finance and possible solutions to overcome these challenges.
ON DEMAND
Future of payments 2024 launch
To launch the 2024 edition of OMFIF’s Future of payments report, a panel of experts examined the key findings of a survey of central banks on their beliefs about cross-border payments and the various solutions being proposed.
LATEST REPORT
Future of payments 2024
This year, advancements in technology have instigated remarkably rapid change in the payments industry. OMFIF’s Future of payments 2024 report features an extensive survey of central banks on their concerns and priorities for payments in the near and long term.