We have widened the coverage of the Act to commercial banks, non-bank financial institutions, as well as other financial service providers and businesses (such as lawyers, accountants & real estate agents). 4. We have started to report the results of the suspicious transaction reporting framework. 5.
Separating hidden potentials of new technologies from the hype and excesses is challenging, often arduous. The effects of digital central bank money on the payment system will not be the only consideration for central banks, however. Depending on its concrete design, digital central bank money would provide non-financial corporations and even households with access to the central bank balance sheet.