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Business and Economics > Banks and Banking

You are looking at 1 - 4 of 4 items for :

  • Type: Journal Issue x
  • IT Management x
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Cover FinTech Notes
The Rise of Payment and Contracting Platforms
Mr. Tobias Adrian
and
Mr. Tommaso Mancini Griffoli
This Note explores the design and governance of platforms to enhance cross-border payments in line with public policy goals. While much innovation in recent years has more narrowly targeted end-user frictions, the vision in this paper is based on the mandate of the IMF, governed by the central banks and finance ministries of 190 member countries. Cross-border payments present the foundation for the global financial system, and its functioning is overseen by the IMF.
Keywords:
cross-border payments; platforms; central bank digital currencies; digital money; foreign exchange; settlement; programmability encryption; cross-border payment; note 2023/005; anatomy of payment; XC platform; platform operator; International reserves; Information and data management; Anti-money laundering and combating the financing of terrorism (AML/CFT); Global
Cover Policy Papers
Progress Report on the Activities of the Independent Evaluation Office
International Monetary Fund
This report summarizes the activities of the Independent Evaluation Office (IEO) since the 2011 Annual Meetings. In this period, the IEO has advanced work on three ongoing evaluations: International Reserves: IMF Advice and Country Perspectives, The Role of the IMF as Trusted Advisor, and Learning from Experience at the IMF: An IEO Assessment of Self-Evaluation Systems. The IEO expects to submit these evaluations to the Executive Board over the course of the year. The IEO has begun consultations on topics for future evaluations and will present a tentative work program to the Executive Board for review in due course.
Keywords:
PP; evaluation; IEO evaluation; IMF governance; stakeholder
Cover IMF Staff Country Reports
Seychelles: Statistical Annex
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Keywords:
ISCR; CR; net; Seychelles rupee; central bank of Seychelles; net error; demand deposit; factor income; net petroleum earnings; net surplus; net factor income; net credit; Imports; Agroindustries; Transportation; Information and data management; Exports; Africa; Middle East; Western Hemisphere; Europe
Cover IMF Working Papers
Improving the Management of a Central Bank: A Case Study
Mr. John Mendzela
This paper examines how major efficiency gains and improved effectiveness were simultaneously achieved at the Reserve Bank of New Zealand over a five-year period. It identifies the business management concepts that were used to transform the organization, outlines how they were applied, and evaluates the benefits obtained. The paper concludes that substantial real efficiency gains were achieved, while effectiveness was maintained or enhanced. Looking more widely, the business management concepts used to achieve these benefits could be applied to other central banks.
Keywords:
WP; efficiency gain; RBNZ staff; senior management; The RBNZ culture; property manager; resource base; RBNZ culture; RBNZ organization chart; RBNZ goal; internal audit group; RBNZ change; price stability objective; staff number; career staff; Budget planning and preparation; Information and data management; Performance audit; Employment