Switzerland
SNB to launch support facility for instant payment system
Swiss central bank aims to promote instant payments with new secured loans from 2027
Switzerland cuts rates by 50bp
SNB changes conditional inflation forecast, expects lower inflation compared with September
SNB to launch new banknote series
Bank to “pay homage to the country’s unique topography” on new bills
SNB researchers develop ‘more precise’ LLM-based risk predictor
New model allows for “more nuanced understanding” of types of uncertainty, researchers say
Finma to revise UBS’s recovery and emergency plans
Swiss regulator suspends annual plan approval because of “obstacles” created by Credit Suisse merger
BoE will need to closely monitor shift to T+1 if it is to succeed – report
UK will move to accelerated settlement by 2027, even if rest of Europe has yet to align
Czech Republic, Sweden and Switzerland cut rates
25bp cuts across Europe follow Fed’s footsteps
SNB launches instant payments system
Swiss central bank says system will enable “final settlement” within seconds, 24/7
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
Lessons from the banking turmoil of 2023
Guardrails on capital, liquidity, deposit insurance, resolution, digitalisation and disintermediation need a rethink
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
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