We argue for gold’s inclusion as a high-quality liquid asset in proposed regulatory reform
In an era of heightened macro-economic risks and much-needed financial sector reforms, policymakers are challenging existing policy frameworks. Our Government Affairs team works to ensure that decision makers consider gold’s unique characteristics within these debates, as new roles for gold emerge.
Regulatory reform
The World Gold Council endorses the need for the realignment and strengthening of international capital requirements. We believe that adding gold to the high-quality liquidity buffers currently being considered by G20 countries would help to bring stability to the banking system. More
The European sovereign debt crisis
Leading European think tank the Centre for European Policy Studies (CEPS) analyses the impact on the gold market of various euro area economic scenarios. More
Gulf Common Currency
Gold has an important role to play in Islamic finance, according to the Dubai International Finance Centre (DIFC). The DIFC presents the case for the proposed Gulf Central Bank (a pre-requisite to a Gulf Common Currency) to include gold in its reserve asset portfolio. Gold could also play a role in providing collateral for liquidity financing as the region’s banking system develops. More