Financial Stability Review
Payment and Settlement Systems Articles
1996
2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Electronic
Money: Public Policy Issues
(4.1m)
(Issue 1, Autumn 1996)
Many different types of electronic money are currently under development or being piloted around the world. These are commercial products, which can bring social benefits. If their use becomes widespread they could be a substitute for cash. What new public policy issues do they raise, and how might central banks best respond to them?
Key Resources
|
Memorandum of Understanding between HM Treasury,
the Bank of England and the Financial Services Authority
Download PDF (50k) |
