Categories

• Authority and integrity
• Fulfilment of mandate
• Pioneering work and policy innovation

This award will recognise a central bank that has demonstrated significant resolve and authority in fulfilling its mandate. Particular attention will be paid to details of pioneering policy/ organisational efforts and powerful communication supporting the central bank's position.

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• Leadership and credibility
• Innovation and change management
• Problem solving and performance

This award will recognise the governor of a central bank who has demonstrated strong leadership during the period under review. Judges will be looking for examples of communication, innovation and change management that have resulted in significant problems being addressed.

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• Pioneering work
• Reshaping the central banking landscape
• Outstanding public service

Awarded to an exceptional leader, this award will recognise someone who’s pioneering work in central banking and career in public service has left an indelible mark on the central banking community.

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• Originality
• Clarity 
• Relevance to policymaking

This award will be given to the author(s) of the speech, paper, report, presentation or other media that the judges feel makes the most significant contribution to economics within the field of central banking. Contribution will be judged on originality, relevance and clarity.

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• Communication across platforms
• Targeting full range of stakeholders
• Education

This award will recognise a central bank that has shown significant improvement and/or significant leadership in clear communication across its internal and external platforms. The winning organisation will have demonstrated strong improvements in transparency to its full range of stakeholders.

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• Safety, liquidity, return
• Innovation
• Governance

The winner of this award will have shown excellence in reserve management at a central bank. This could include divisional changes, updated policy guidelines, an improved asset and liability framework or the deployment of innovative reserves strategies, such investment in a new asset class/ use of new benchmarks.

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• Security and integrity
• Innovation and design flair
• Effectiveness and efficiency

This award will acknowledge a central bank that has made improvements to its cash management processes, launched or upgraded its banknote series, implemented fraud prevention activities, and/ or demonstrated design innovation.  

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• Innovation/ optimisation
• Improved cash cycle
• Collaboration

This award will acknowledge a specific effort undertaken by a central bank(s) aimed at improving currency management. This could be related to process improvements, developing interoperable standards, enhancing security, greening the cash cycle, creating a digital currency, or a similar such initiative. 

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• Safeguarding financial integrity
• Policy boldness
• Impact

This award will recognise an effort to improve the long-term functioning of financial system to meet the public interest. This initiative could be related to deployment of macro-prudential tools and/ or other regulatory/ supervisory actions. The judges must be convinced this domestic or international initiatives has had/ will have a tangible effect to improve financial stability.

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• Evidence of risk culture
• Risk management framework 
• Improved operations

This award will recognise a central bank that has demonstrated excellence in risk management, where qualitative and quantitative risk assessments are made across areas such as credit, market, operational and reputational risk management throughout the organisation. The judges will also be looking for evidence of how central bank's activities have changed as a result of improvements in risk management.

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• Climate impact
• Pioneering work
• Risk/return focus

This award will be given to an official institution(s) – central bank, prudential supervisor, sovereign fund or other official institutions body – that has made an outstanding effort to address climate related challenges. The green initiative could be based on a measure taken internally, nationally and/ or internationally (including collaborative efforts).

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• Impact
• Originality
• Integration with overall strategy

This award will recognise an exceptional communications initiative launched by a central bank to address specific needs. Judges will be looking for originality of the initiative as part of an integrated communications strategy, and evidence of its impact.

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• Accessibility of information
• Navigation and design
• Interactivity and innovation

This award will recognise a central bank's website that encompasses true accessibility to its information and data for a range of stakeholders. Judges will be looking for examples of excellence in navigation and design as well as elements of innovation in conveying information.

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• Ambition and innovation
• Quality of stakeholder feedback
• Mandate relevance

The award will be given for a specific central bank initiative or policy which connects with new stakeholders through innovative delivery and execution. Particular attention will be given to novel, impactful launches and the feedback received from the community.

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• Personal integrity and determination
• Capacity building
• Impact on civil society

This award will recognise the extraordinary contribution of one individual/s in re-establishing or significantly reforming the capabilities and governance of central banks in countries that have suffered from large-scale governance problems, state failure and/ or conflict. 

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• Forward thinking
• Integrity and resiliency
• Integration and interoperability 

This award will recognise a central bank that has played a key role in the implementation of a best practice retail payments or similar market infrastructure initiative. Judges will be looking to ensure the infrastructure meets a public need in a rigorous and cost-effective manner, probably deploying new technology.

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• Integrity and resiliency
• Efficiency and effectiveness
• Technology innovation

This award will recognise a central bank that has played a key role in the implementation of a best practice in the high-value payments, clearing, settlement or similar initiative. Judges will be looking to ensure the infrastructure meets a public need in a rigorous and cost-effective manner, likely harnessing new technology.

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• Risk/return and liquidity suitability 
• Diversification 
• Benchmarking / benchmark outperformance

This award will be given to an asset manager that has added value in managing the investment assets of central banks and other sovereign investors. While geographical reach and breadth of assets coverage are important, particular attention will be made to asset managers that have met the real needs of their clients during the period under review.

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• Pioneering work
• Excellence in implementation
• Sound risk/ return assessment

This award will be given to an institution that has pioneered innovation in sovereign investment or gold management. The award could be given for a specific transaction or client portfolio, or for thought leadership that has effected change. The judges will be looking for specific instances of excellence and not necessary breadth of service offering.

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• Innovation
• Risk management
• Performance enhancement

Eligible initiatives could include the full gamut of lending activities – from reserves financing through to 3^rd party securities lending. Innovation, quality of service and risk management considerations will be assessed by the judges. A case study and official institution client validation is expected.

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• Innovation
• Market access
• Advice

This award will be given to a banking and global markets counterparty that has made an exceptional effort to address the challenges of central bank and other official institutions clients. Idea generation, product range, execution and access to new markets will be important considerations in the judging criteria.

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• Reliability 
• Fraud/ cost reduction
• Innovation

This award will be given to a banknote and currency services provider which has worked with central bank clients to significantly improve their currency offerings. Particular attention will be given to innovations that have helped to reduce fraud and cut overall costs related to currency operations. This year we will also be looking for providers helping central banks adapt to a world where the future of cash is up for debate.  

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• Seamless service
• Range and pricing 
• Secure environment

This judges will be looking for a market practitioner that has offered seamless collateral services to central bank clients/ partners to facilitate central bank lending operations, derivatives trading and other activities.

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• Environmental, social and governance focus
• Innovation
• Liquidity/ risk/ return

This award will recognise an asset manager or services provider that has assisted central bank clients in positioning themselves to address risks and opportunities related to sustainability. This product or service could cover areas such as benchmark composition, investment screening/ optimisation and/ or portfolio transformation.

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• Customisation to client needs
• Change management
• Results and performance

Awarded to a risk management services provider that has made a significant contribution to aiding the management of risk, the winner of this award will have paid particular attention to design and implementation, systems integration, tools and controls, models, governance and customer service.

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• Climate impact
• Innovation and change
• Customer service

This award will be given to a market practitioner (non-central bank) that has made a significant contribution in assisting central banks in their efforts to tackle climate-related issues. The initiative could be related to supervision, investment, emissions reduction, data collaborations, or another aspect that impacts central banking. A case study is expected.

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• Adaptability to market and/or regulatory change
• Regulatory acceptance and market adoption
• Efficiency and robustness of platform

The award will be given to a financial market infrastructure provider that has made a significant contribution to improving efficiency and reducing risk in the financial system. Judges will be looking for a provider that offers a robust platform and technological innovation. A proven case study or studies are expected.

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• Depth of knowledge
• Innovation and change
• Deliverability

This award will be given to an organisation that has offered consultancy and/ or advisory services to central banks that has resulted in substantial changes in behaviour at their clients. This could be in specific segments of activity tied to major transformations. Judges will be looking for case studies and validation from central banks.

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• Efficiency and effectiveness
• Resilience
• Fraud and AML detection

This award is open to the full range of retail, corporate and wholesale payment service providers. It could cover payments services offered to central banks aimed at helping them with cyber resiliency, AML and fraud detection, or the creation of new national/ international payment infrastructure.

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• Tech forward
• Smooth implementation
• Platform robustness and security

The award will recognise a technology company that has helped central bank clients to address their ever-growing digitalisation and technological challenges. This covers all types of technologies, large or small. For example, it might be related to enterprise or specific business line systems or big data/ cloud solutions, etc. A case study with official client verification is expected.

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• Pioneering work
• Impact
• Collaboration

This award will recognise a banknote and currency services provider that has collaborated with a central bank client to improve its cash offering. This could include innovation that reduces fraud, costs, carbon footprint or other efforts aimed at improving the cash cycle. 

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