Introducing a central bank digital currency (CBDC) will have far-reaching implications for the operations of the issuing central bank and the risk it faces. Both will depend mainly on the particular design adopted and on a large range of factors internal and external to the central bank. This report analyses the operating, technology, thirdparty and business continuity risks for the issuing central bank. It therefore provides a useful complement to other work on CBDCs, which tends to foc
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