The Beginning of the End for the Dollar?

The weakening of the dollar and the end of its dominance of the global financial [...]

Reflections on the 2019 SEACEN Policy Summit

This year’s SEACEN Centre Policy Summit in Kuala Lumpur in mid-June was on the very [...]

Climate Change as a Prudential Risk for Central Banks and Regulatory Authorities

Once policy-makers accept climate change as a prudential risk, several options are open to them, [...]

Facebook’s Libra: Thoughts from a Regulatory Perspective

So, the white paper on Libra has finally been released, and it’s capturing headlines all [...]

Emerging Cyber Threats to the Financial Sector

Technology has given birth to a new era in banking that brings efficiency gains for [...]

What’s Done is Done: Economic Payment Finality in the Blockchain – Part 2

While Auer argued that second-layer solutions such a “Lightning Network” can improve the economics of [...]

Don’t Try This at Home: Modern Monetary Theory in Emerging Economies

Modern Monetary Theory (MMT) has attracted attention recently in the United States in part because [...]

What’s Done is Done: Economic Payment Finality in the Blockchain – Part 1

Ten years after the publication of the white paper of “Bitcoin: a peer-to-peer system electronic [...]