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| ''Central bank digital currencies (CBDC) - financial market infrastructures (FMI)'' | | ''Bank supervision - capital adequacy - operational risk''. |
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| (RLN). | | (SA or TSA). |
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| A regulated liability network is a proposal under discussion for a new global settlement infrastructure.
| | The Standardised Approach is a method of evaluation of certain operational risks for banks, for capital adequacy calculation purposes. |
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| Proposals include the concept of a shared ledger with central bank money, commercial bank money and electronic money on the same network.
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| | Under the standardised approach, gross income (GI) is multiplied by a coefficient (beta) to calculate the measure of risk weighted assets. |
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| :<span style="color:#4B0082">'''''RLN benefits'''''</span> | | For example: |
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| :"The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network.
| | GI x beta = RWAs |
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| :The RLN would be a regulated financial marketplace infrastructure in the UK with contributors from financial institutions worldwide.
| | £10m x 12% = £1.2m |
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| :The RLN discovery phase examined three potential use cases for the network — consumer domestic payment, wholesale cross-border payment and securities settlement — and settled on the first case to pursue a proof-of-concept (PoC)...
| | The beta varies, according to the business line. |
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| :The report found that the RLN provided several benefits for domestic payments.
| | ==See also== |
| | *[[AMA]] |
| | *[[ASA]] |
| | *[[Basel III Endgame]] |
| | *[[Beta]] |
| | *[[BIA]] |
| | *[[Bank supervision]] |
| | *[[Capital adequacy]] |
| | *[[Internal Models Approach]] |
| | *[[Operational risk]] |
| | * [[Risk Weighted Assets]] |
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| :It helped provide consistency between CBDCs and commercial bank money, thus helping preserve the singularity of the currency.
| | [[Category:Accounting,_tax_and_regulation]] |
| | | [[Category:Identify_and_assess_risks]] |
| :It could also help reduce authorised push payment fraud and give consumers more control in case of undelivered goods.
| | [[Category:Manage_risks]] |
| | | [[Category:Risk_reporting]] |
| :Additionally, it would improve settlement time."
| | [[Category:Risk_frameworks]] |
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| :''Association of Corporate Treasurers blog - September 2023.''
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| == See also ==
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| *[[BACS]]
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| *[[Bank of England]]
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| *[[CHAPS]]
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| *[[Clearing House Automated Payment System]]
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| *[[Committee on Payments and Market Infrastructures]] (CPMI)
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| *[[Continuous linked settlement]] (CLS)
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| *[[Faster Payments Service]] (FPS)
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| *[[Financial Market Infrastructure]] (FMI)
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| *[[Financial markets]]
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| *[[Infrastructure]]
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| *[[LVPS]]
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| *[[Markets in Financial Instruments Regulation]]
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| *[[Payment infrastructure]]
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| *[[Principles for Financial Market Infrastructures]] (PFMI)
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| *[[Regulation]]
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| *[[Systemic risk]]
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| *[[Systemically Important Payment System]] (SIPS)
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| ==Other resources==
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| *[https://www.treasurers.org/hub/blog/cbdcs%20digital%20currencies/september%202023 x]
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| *[https://regulatedliabilitynetwork.org/ About the RLN and its contributors]
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| [[Category:Context_of_treasury]] | |
| [[Category:Financial_products_and_markets]] | |
| [[Category:Technology]] | |
| [[Category:Treasury_operations_infrastructure]] | |
