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Company: Committee on Payment and Settlement Systems

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Businessman Walk Over Cliff Gap Risk Mountain Balancing Flat Illustration

A review found a lack of timely recovery plans, leading to a "serious concern"

Many hands choosing cryptocurrency coins from box labeled ICO

Central bank crypto offers a fresh start on designing efficient payments systems

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

The board proposed targets for enhancing cross-border payments systems

rules and regulations

New regulatory research will feed into reforms to shadow banking oversight

Smartphone with finance and market icons and symbols concept

A report lays out the economic benefits

Financial technology business investment concept illustration with data computer background

Group of central banks to look at the function and use of digital dollars

world map, emerging markets and international global businesses

A new report examines cooperation to ensure the safety and efficiency of financial market infrastructures

financial instruments chart, derivaties

Efforts designed to enable regulators to better assess systemic risk

Many hands choosing cryptocurrency coins from box labeled ICO

Global policymakers meet to discuss the development of stablecoins

Concept of success and failure with businessman on statistics bar

Internaitonal bodies aim to reduce systemic risk