Saturday, June 1, 2024

"QFS CONVERSATION" WITH GOLDILOCKS, 1 JUNE

 GOLDILOCKS

"Commissioner Pham Announces Agenda for Global Markets Advisory Committee Meeting on June 4"


Meeting Agenda:

* Basel 3 Capital proposals and impacts

* Trading impacts with these new credit valuation adjustments 

* Impact on Global Market Structures and how this affects liquidity swaps at swap execution facilities 


Do you see how we are moving into a phase whereby research on credit valuations and their adjustments are becoming important? 


This report will include an assessment of where the International community is at the present time in the integration into the QFS. 


© Goldilocks


https://www.cftc.gov/PressRoom/PressReleases/8916-24

-----

Everything on the new QFS either relates to gold, or it is backed by a precious metal. 


These new digital standard protocols will be the mechanism by which money is moved going forward. 


The future of money is in gold. Everything the world touches going forward will be because of a metal asset that enables it to do so. 


© Goldilocks

---

GOLDILOCKS

Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq.


The Advisory Council members and IBBC members have actively contributed to the paper in the past 4 months. It will be presented online on the 18th June in a webinar and in person at the Spring Conference on 2nd July."


Professor Gunter shows an analysis on the drivers inside the market that impact the Iraqi Dinar exchange rate and how to close the gap between the Parallel Market and Official Rate of the Iraqi Dinar.


The Iraq Britain Business Council (IBBC) has been working closely with Iraq to help assess and meet the needs of the Iraqi private sector. These assessments inside this research paper will go a long way towards the implementation of meeting the needs of Iraq's private citizens through a determination of an exchange rate that can do so. 


Practical policy initiatives are mentioned in this paper to carry forward new monetary policies. They are not calling this project a white paper, but it sure does have all the hallmarks of one. 


These new measures are inclusive of budgetary needs for the Iraqi people. One of the items on the CBI website presented today are instructions on home loans. A mortgage is calculated with the inclusivity of an exchange rate to support it. 


It is clear that the Iraqi Dinar is moving towards a credit valuation adjustment that can support the needs of their people and Government. 


© Goldilocks


https://www.iraq-businessnews.com/2024/05/29/iraqi-dinar-ibbc-issues-major-new-paper-on-de-dollarisation-of-iraq/#google_vignette


https://www.investopedia.com/articles/forex/053115/understand-indirect-effects-exchange-rates.asp


https://iraqbritainbusiness.org/


https://iraqbritainbusiness.org/news/professor-frank-gunter-launches-a-new-white-paper-on-de-dollarisation-of-iraqi-economy


https://www.indeed.com/career-advice/career-development/what-is-a-white-paper#:~:text=What%20is%20the%20purpose%20of,solution%20on%20a%20particular%20issue.


https://cbi.iq/news/view/2596


https://dinarevaluation.blogspot.com/2024/05/it-is-clear-that-iraqi-dinar-is-moving.html

No comments:

Post a Comment

Politician: Iraq has no fear of Trump reaching the White House, 23 DEC

  Politician: Iraq has no fear of Trump reaching the White House Independent politician Wael al-Rikabi confirmed on Sunday that Iraq will no...