Committees

Central Bank Digital Currencies

Inquiry

The House of Lords Economic Affairs Committee is launching an inquiry on Central Bank Digital Currencies (CBDCs).

HM Treasury and the Bank of England are exploring the potential of a possible CBDC for the UK. The Committee will take evidence on the main issues confronting HM Treasury and the Bank as they conduct this work. It will also examine how a CBDC might affect the role of the Bank, monetary policy and the financial sector

You can read the Inquiry’s call for evidence here

The deadline for written submissions has passed.

Reports, special reports and government responses

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3rd Report - Central bank digital currencies: a solution in search of a problem?
Inquiry Central Bank Digital Currencies
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HL Paper 131
Report
Response to this report
Government response to Central bank digital currencies: a solution in search of a problem? (1 February 2022)
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Government Response
Response to this report
Bank of England response to Central bank digital currencies: a solution in search of a problem? (16 March 2022)
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Government Response

Correspondence

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Letter from the Chancellor of the Exchequer to the Chair of the Economic Affairs Committee (17 November 2021)
Inquiry Central Bank Digital Currencies
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Correspondence
Letter from the Economic Secretary, Jon Glen MP, to the Chair of the Economic Affairs Committee (9 November 2021)
Inquiry Central Bank Digital Currencies
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Correspondence

Oral evidence transcripts

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26 October 2021
Inquiry Central Bank Digital Currencies
Witnesses Natasha de Teran (Member at Financial Services Consumer Panel), and Georges Elhedery (Group Executive and Co-CEO of Global Banking & Markets at HSBC)
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Oral Evidence
23 November 2021
Inquiry Central Bank Digital Currencies
Witnesses Andrew Bailey (Governor at Bank of England), and Sir Jon Cunliffe (Deputy Governor for Financial Stability at Bank of England)
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Oral Evidence
16 November 2021
Inquiry Central Bank Digital Currencies
Witnesses John Glen MP (Economic Secretary at HM Treasury), and Charles Roxburgh (Second Permanent Secretary at HM Treasury)
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Oral Evidence

Written evidence

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Adam Jackson (Director of Policy at Innovate Finance) (CDC0043)
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John Hawkins (Senior Lecturer at Canberra School of Politcs) (CDC0029)
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Stephen Bonner (Executive Director (Regulatory and Innovation) at Information Commissioner's Office) (CDC0028)
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Other publications

No other publications published.

Contact us

  • Email: economicaffairs@parliament.uk
  • Phone: 020 7219 5358 (committee staff) | 020 7219 6640 (Press Officer)
  • Address: Economic Affairs Committee, House of Lords, London SW1A 0PW