Project Birch and Project Icebreaker: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''Business continuity - pandemic - UK.''
''Central bank digital currencies - Bank for International Settlements (BIS).''


Project Birch was a temporary UK government plan announced in May 2020 to bail out strategically important UK companies facing financial difficulty due to COVID-19.  
Project Icebreaker is a joint initiative of the BIS and the central banks of Israel, Norway and Sweden, launched in 2022.


It is established to explore how central bank digital currencies (CBDCs) can be used for international retail and remittance payments.


The UK government:


:'indicated that it is prepared to assist large companies "in exceptional circumstances" and as a "last resort" where an otherwise viable company has "exhausted all options" and its failure would "disproportionately harm the UK economy".'
== See also ==
:''DWF Law, Legal Insights, 29 May 2020''
* [[Bank for International Settlements]]  (BIS)
* [[Bitcoin]]
* [[Blockchain]]
* [[Britcoin]]
* [[Central bank]]
* [[Central bank digital currency]]
* [[Central bank money]]
* [[Commercial bank money]]
* [[Countering terrorist financing]] (CTF)
* [[Crypto-assets]]
* [[Cryptocurrency]]
* [[Cryptography]]
* [[Currency]]
* [[Currency substitution]]
* [[Deposit]]
* [[Digital currency]]
* [[Digital Dollar Project]]  (DDP)
* [[Digital euro]]
* [[Digital public money]]
* [[Distributed ledger]]
* [[e-krona]]
* [[e-money]]
* [[Ether]]
* [[European System of Central Banks]]
* [[Fiat currency]]
* [[Gold standard]]
* [[Libra]]
* [[Monetary]]
* [[Money]]
* [[Multi-CBDC arrangement]]
* [[Payment Interface Provider]]  (PIP)
* [[Project Mariana]]
* [[Proof of concept]]
* [[Retail central bank digital currency]]
* [[Ripple]]
* [[Sand Dollar]]
* [[Sovereignty]]
* [[Stablecoin]]
* [[Unbanked]]
* [[Under-banked]]
* [[Wholesale central bank digital currency]] (wCBDC)




==See also==
==External link==
*[[Bailout]]
* [https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm Central banks of Israel, Norway and Sweden team up with the BIS to explore retail CBDC for international payments]
*[[Bounce Back Loan Scheme]]
*[[Business continuity plan]]
*[[Coronavirus Business Interruption Loan Scheme]]
*[[Coronavirus Job Retention Scheme]]
*[[Coronavirus Large Business Interruption Loan Scheme]]
* [[Coronavirus crisis]]
*[[COVID-19]]
*[[COVID-19 Corporate Financing Facility]]
*[[Liquidity management]]
*[[State aid]]
 
 
==Resources for COVID-19==
[https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
 
[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Financial_products_and_markets]]
[[Category:Manage_risks]]

Revision as of 23:41, 26 December 2022