For instance, the centre could analyze the potential of the blockchain technology, application of artificial intelligence and big data solutions, as well as dealing with cyber security, consumer protection and operational risk management issues.
This facility addresses these liquidity needs by purchasing the short-term notes typically used by these governments, along with other eligible public entities, to manage their cash flows. By addressing the cash management needs of eligible issuers, the MLF was also intended to encourage private investors to reengage in the municipal securities market, including across longer maturities, thus supporting overall municipal market functioning.