Swiss National Bank (SNB)
SNB to launch new banknote series
Bank to “pay homage to the country’s unique topography” on new bills
SNB lowers sight deposit remuneration threshold factor
Central bank’s payments to lenders likely to fall in short term
Martin Schlegel becomes new chairman of SNB
Antoine Martin becomes Swiss National Bank vice-chair and Petra Tschudin joins board
SNB cuts rates by 25 basis points
Decrease prompted by sub-1% inflation forecast
SNB carries out first tokenised monetary policy operation
Central bank issued $72 million in bonds on DLT settled in wholesale CBDC
Lessons from the banking turmoil of 2023
Guardrails on capital, liquidity, deposit insurance, resolution, digitalisation and disintermediation need a rethink
Banknotes: April to June 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Global natural rates could be rising, SNB governor says
Jordan says Swiss central bank’s approach allows it to deal with uncertainty over r*
Cecilia Skingsley on monetary policy tech and a unified ledger
Head of the BIS Innovation Hub speaks about tokenisation, CBDCs and the ‘black box problem’ in AI
World Bank to issue first international CHF digital bond
Bond to be settled by Swiss franc wholesale CBDC
SNB raises bank reserve requirements
Calculation formula changed as central bank looks to save on interest payments
Switzerland proposes new rules to close Sib oversight gap
Public backstop to become permanent, SNB to provide more liquidity
SNB to explore wCBDC settlement for monetary operations
Project Helvetia allows safe and efficient settlement, says governor, but retail CBDC is risky
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
BIS project aims to redesign global payments infrastructure
“Most ambitious” innovation hub project to date will test BIS’s “unified ledger” concept
Policy round-up: Switzerland and Czech Republic cut rates
Norges Bank holds rates in face of uncertainty
People: Sveriges Riksbank appoints new deputy governor
BIS replaces general counsel, SNB announces new head of communications
SNB posts loss of Sfr3.2 billion
Sight deposit account balances drove this year’s loss, Swiss National Bank says
SNB head Thomas Jordan announces retirement
Board chair praises Swiss central banker for leadership in crises and record of change
BIS and partners will test digitising promissory notes
World Bank and SNB to work on project using distributed ledger technology
Finma calls for more powers after Credit Suisse failure
Swiss central bank head had wanted to nationalise the failing global lender