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Jordan: Financial market infrastructures: Walking the line between stability and innovation
Financial market infrastructures are vital for various Swiss National Bank (SNB) activities, including the implementation of monetary policy. This part of the financial sector also stands to be affected by the rapid changes currently taking place in financial technology. Technological innovations are thus highly relevant for the SNB. The SNB's task is to strike the right balance between maintaining stable conditions and promoting useful innovation. Although the financial industry's core functions - funding new investments, offering investment and asset protection strategies, and executing payments - will remain ... (full story)