Switzerland
SNB launches instant payments system
Swiss central bank says system will enable “final settlement” within seconds, 24/7
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
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
SNB lowers inflation expectations as it keeps rates at 1.75%
Swiss central bank adopts a more dovish communication, analysts expect rate cuts early in 2024
SNB cuts interest payments amid losses
Swiss central bank lost over Sfr12 billion in Q3
Carstens: Regulatory performance during banking crises was ‘mixed’
BIS general manager emphasises role of supervision in preventing bank failure
People: Novelist named to Honduras central bank board
SNB official retires next year; two new vice-presidents at ADB; and more
SNB surprises markets by holding rates at 1.75%
Swiss central bank to allow all banks to use mortgages as collateral to access liquidity
Machine learning pushes frontier of forecasting
AI techniques are starting to transform central banks’ statistical modelling. They could soon revolutionise structural models as well
Switzerland and Norway raise rates
Norges Bank expects further increases while SNB does not rule them out
People: Israel appoints new chief supervisor
IDB appoints chief operating officer; IADI gets new head; and more