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Payments, clearinghouse collateral lead work program for BIS committee

( August 5, 2021, 10:42 GMT | Official Statement) -- MLex Summary: The future of payments, including improving cross-border payments and innovations, as well as risks in financial market infrastructure are top of the agenda for the Committee on Payments and Market Infrastructures over the next year. The CPMI, part of the Bank for International Settlements, published its work program for the upcoming year for the first time today. It will work on a central bank digital currency and policy issues relating to stablecoins, and analyze issues relating to clearinghouses after the Covid-19 pandemic resulted in large collateral calls.Statement follows....

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