They will be the ones make credit allocation decisions and, moreover, it’s not impausible to imagine a govt efining you and garnishing your salary for that parking fine.
For my two penneth, the assumption that the CBDC would bypass banks and lenders suggests there are not the requisite checks, balances, segregation, or thoroughly thought through model in place.
But if they wanted to, they could go to my Bank and see everything I do digitally today to assess the level of parking fine.
We have to assume that such an attack would happen; enabling the requisite digital vault doors to be slammed shut is a must-have upon detection, as is a digital sprinkler system to handle the digital equivalent of a fire at the Royal Mint.
The bank level segregation could be enhanced so each bank can identify the DC it has received from the BoE, also what it and its clients have touched.
The opportunity in the digital world for CDBC to provide clear visibility of money paths, origin, destination could seriously damage current fraudsters.