Global Policy Unit

Policy Briefs Library

Concise analytical notes delivering targeted intelligence for policymakers, central bankers, and institutional leadership.

PB 2026/04 • Regulatory Intelligence

Implementing DORA: Operational Resilience Standards for Digital Bond Issuance

An executive guide for issuers and CSDs on ensuring compliance with the Digital Operational Resilience Act (DORA) during on-chain settlement cycles.

PB 2026/03 • CBDC Strategy

Offline CBDC Portability: Assessing the Risk Matrix for Retail Implementations

Comparative analysis of hardware-secure vs. software-only offline payment models and their implications for central bank liability management.

PB 2026/02 • Market Infrastructure

Synthetic Stablecoins & Global Systemic Risk: A Principal's Briefing

Identifying the hidden leverage loops in algorithmic stablecoin protocols and their potential to trigger cross-market contagion.

PB 2026/01 • EU Policy

MiCA Phase 2: Transitional Provisions for CASPs and Existing Token Issuers

A roadmap for market participants navigating the second implementation phase of the Markets in Crypto-Assets regulation.