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Home Banking Why mBridge put the BIS in an awkward position, and more

Why mBridge put the BIS in an awkward position, and more

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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.

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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.

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