The Finseta Blog

How the WTO works

How the WTO works

The World Trade Organisation is one of the world’s most significant intergovernmental organisations. Virtually every country in the world takes part and agrees to work…

Welcome to the team Joshua, our new Head of Compliance and MLRO

Welcome to the team Joshua, our new Head of Compliance and MLRO

We’d like to give a big welcome to Joshua Best who became part of the Finseta team today. Focusing on managing regulatory risk, internal policies…

Peso currencies around the world

Peso currencies around the world

The origins of the Peso date back to the early Spanish Empire when the 8-real silver coin became known as a Peso.  The word literally…

How the World Bank works

How the World Bank works

Most people have heard of the World Bank, but many don’t know exactly what it does. In the below article, we’ll look at its history…

Kroner currencies around the world

Kroner currencies around the world

Krone/Kroner/Krona is a Nordic translation of the Latin word ‘Corona’ which means Crown. This has been the name for multiple historic currencies in Scandinavia.  Currently, Denmark, Norway, Sweden…

How do Scottish banknotes work?

How do Scottish banknotes work?

We’ve all heard at least one story from a Scottish citizen visiting London or a befuddled tourist who can’t understand why the shop just refused…

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The Big Idea: Where does money come from?

The Big Idea: Where does money come from?

The value of money is an idea instilled within everyone from a young age. We are taught that we should get a good education and…

Close-up on the currencies of the BRICS

Close-up on the currencies of the BRICS

In last week’s article we looked at who the BRICS countries are and why they are considered the world’s most significant upcoming economies.  They all…

Who are the BRICS?

Who are the BRICS?

Way back in November 2001, Goldman Sachs published a report looking at economic development in major growing economies around the world.  It was titled ‘Building…

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

If you have ever taken a macroeconomics lesson, you have probably been taught that printing too much money is inflationary. It has been a widely…

CBDCs in practice around the world today.

CBDCs in practice around the world today.

Having discussed the benefits and structure of Central Bank Digital Currencies last week, we now turn to the current state of their implementation and the…

Just what exactly is a CBDC (Central Bank Digital Currency)??

Just what exactly is a CBDC (Central Bank Digital Currency)??

You’ve heard of Bitcoin, but what about … Bank of England Coin? As finance continues to digitise, one of the few things that have stayed…

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Sonny Hellmers

Senior currency specialist