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Feb 28, 2023 · Sir Jon Cunliffe became Deputy Governor for Financial Stability on 1 November 2013. Jon was a member of the Bank’s Financial Policy and Monetary Policy Committees, the Bank’s Court of Directors and the Prudential Regulation Committee.
- The digital pound − speech by Jon Cunliffe | Bank of England
Jon Cunliffe says it is likely that a retail, general...
- Do we need ‘public money’? - speech by Jon Cunliffe | Bank of ...
Published on 13 May 2021. The Bank of England has issued...
- The digital pound − speech by Jon Cunliffe | Bank of England
Sir Jonathan Stephen Cunliffe, CB (born 2 June 1953) is a senior British civil servant, who served as Deputy Governor of the Bank of England for Financial Stability.
- Why Is A Digital Pound Likely to Be needed?
- The Model For A Digital Pound
- The Digital Pound Within A Digital Payments Landscape
- Conclusion
There are a number of considerations behind our assessment that a digital pound is likely to be needed. The assessment is forward looking. It turns first on current trends in the way we use money to make payments and the potential of emerging digital technologies and second on the public policy response necessary to ensure innovation and competitio...
Our assessment, therefore is that on current trends a digital pound would have benefits and is likely to be needed. However, the Taskforce concluded, that we are not at present at a point at which a firm decision could be taken to implement the digital pound. Further work, especially detailed technical exploration and development is necessary to as...
Finally, I want to cover briefly how a retail digital pound, designed for use by firms and households in everyday transactions, might sit alongside a wholesale central bank digital currency, privately issued digital money, and also alongside central bank digital currencies issued by other jurisdictions. On the question of a ‘wholesale CBDC’ the fir...
To conclude, the Consultation Paper and accompanying Technology Working Paper marks the end of the first stage of the work of the Bank of England – HM Treasury Taskforce. It sets out: our assessment that a digital pound issued by the Bank of England is likely to be needed; the next phase of work necessary to enable a firm decision to be taken in th...
May 21, 2024 · Published on 13 May 2021. The Bank of England has issued banknotes for over 300 years. Jon Cunliffe talks about future of money in the UK in an increasingly digital world. Speech. I want to talk today about whether we need ‘public money’.
Aug 1, 2023 · Cunliffe, who was appointed Threadneedle Street’s deputy governor for financial stability a decade ago, will be succeeded by Sarah Breeden, also a long servant at the central bank.
Apr 18, 2023 · Jon Cunliffe. Speech by Sir Jon Cunliffe, Deputy Governor for Financial Stability of the Bank of England, at the Innovative Finance Global Summit, London, 17 April 2023.
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Mar 3, 2022 · Speech by Sir Jon Cunliffe, Deputy Governor for Financial Stability of the Bank of England, at The Oxford Union, Oxford, 2 March 2022. The views expressed in this speech are those of the speaker and not the view of the BIS.
