With:

| Thomas Moser (Alternate Member of the Governing Board, Swiss National Bank)

| David Newns (Head of SIX Digital Exchange)

Guests Thomas Moser and David Newns joined FNA to explore the third phase of Project Helvetia, in which the Swiss National Bank and SIX test the introduction of a live CHF wholesale CBDC on a distributed ledger technology (DLT)- based financial market infrastructure.

In this session, we focused on the liquidity management implications of settling tokenized assets in Central Bank money, assessing the impact on liquidity demands and liquidity fragmentation risk before considering the lessons learned from the pilot project so far.

This third phase of Project Helvetia continues pivotal work previously undertaken alongside the Bank for International Settlements. The multi-phase project is a significant endeavour aiming to understand how central banks could offer settlement in central bank money.

With:

| Ivan Mortimer-Schutts (Advisor, SIMBAS)

In today’s digital age, safeguarding payment systems against fraud, scams, and money laundering is paramount. This session brings together experts to explore the intricate nexus between these critical challenges.

In this session, guests Ivan Mortimer-Schutts (SIMBAS) and David Rennie (IDEMIA) joined FNA to explore the regulatory frameworks, emerging technologies, and best practices that harmonize fraud/scam prevention with robust anti-money laundering controls.

Together, Ivan and David shared their insights on how to strike the right balance between leveraging innovations like digital identity and data analytics while upholding principles of privacy and security.

With:

| Jannah Patchay (Executive Director, Policy Lead & Originating Member of the Digital Pound Foundation)

Guests Elise Soucie (Global Digital Finance) and Jannah Patchay (Digital Pound Foundation) joined the CBDC Broadcast to discuss what’s next for the Digital Pound as we asked how the Bank of England can build trust in the digital currency, what they can do to ensure appropriate safeguards are in place to maintain stability, and when we can expect to see a UK CBDC.

The session follows the Digital Pound Foundation’s submission to the Bank of England’s Discussion paper, outlining key considerations for developing a regulatory framework for digital forms of money, including stablecoins and CBDCs.

We’ll also look beyond the UK to explore what can be learned from other digital currency initiatives worldwide, to examine what advantages the UK has in pioneering this technology and the opportunity programmability brings for innovation and smart contracts.

The Session Covered:

| Perttu Korhonen, Qatar Financial Centre Regulatory Authority

Perttu Korhonen and Matt Grasser will join FNA’s Suptech Broadcast on Thursday, 14 December, for a session focusing on the complementary capabilities of regtech and suptech. First, they will explore how integrated architectures optimise risk management and advance supervisory objectives. Second, they will discuss what skills industry professionals need to effectively take advantage of new technologies shaping the regulatory and supervisory landscape.

With:

| Dirk Bullmann ( Global Head of Public Policy, CLS)

Atomic settlement promises instant, simultaneous transactions, but does this represent a quantum leap for post-trade efficiency or a liquidity trap? In this session of the FMI Broadcast, Dirk Bullman cuts through the noise to make sense of what atomic settlement means and the benefits and drawbacks it offers as we ask whether molecular settlement could provide a solution that balances speed and liquidity needs.

With:

| Joachim Samuelsson (CEO, Crunchfish)

| Sunil Karkera (Product Director, Digital Payments IDFC First Bank)

In today’s digital world, consumers expect seamless omnichannel banking and payment experiences, including the ability to make transactions offline. However, enabling secure approaches to offline payments presents many technological challenges. We aim to address some of these challenges in Session #22 of the CBDC Broadcast, with guests Joachim Samuelsson (Crunchfish) and Sunil Karkera (IDFC First Bank) joining FNA to explore cutting-edge approaches to offline payments and how partnerships between fintechs and banks can deliver innovative solutions.

Our guests shared insights into making offline payment systems scalable for mass adoption as we learned about the development and integration of such systems at an enterprise scale. Together, we also discussed considerations around consumer education and merchant onboarding when it comes to launching advanced payment technology.

The session covered:

With:

| Bénédicte Nolens (BIS Innovation Hub)

How can collaboration and innovation accelerate the transition to sustainable finance?

Guests Rosie Hampson (Goldman Sachs) and Bénédicte Nolens (BIS Innovation Hub) joined FNA for Session #13 of the FMI Broadcast, sharing insights from Project Genesis 2.0 – a collaborative initiative exploring the technical feasibility of digital green bonds from a central and private banking perspective.

Our guests delved into Project Genesis 2.0, discussing key issues, including how AI/ML can improve sustainability data, regulatory challenges and opportunities for further collaboration before looking at how to drive further engagement in green initiatives to drive systemic change within the financial sector.

*This session covered:

With:

| Danny Russell (Bank of England)

There are many challenges surrounding the development of CBDCs, from maximizing interoperability to encouraging public-private sector collaboration and driving consumer adoption.

Aiming to address these challenges is the BIS Innovation Hub London’s Project Rosalind- a joint experimentation with the Bank of England which aims to develop prototypes for an application programming interface that could best enable a Central Bank ledger to interact with private sector service providers to enable the safe provision of retail payments.

To offer further insight into Rosalind- named after British Scientist Rosalind Franklin and her work regarding DNA sequencing, guests Danny Russell (Bank of England) and Catherine Gu (VISA) joined FNA for Session #21 of the CBDC Broadcast.

In this session, we discussed the motivations behind the project and how it allows for further experimentation with CBDC design and interoperability, as well as the importance of public and private sector collaboration, drawing on the role of VISA and other private sector partnerships.

| Matei Dohotaru, Senior Financial Sector Specialist (World Bank Group)

Session #9 of the Suptech Broadcast brought together Matei Dohotaru, Senior Financial Sector Specialist at World Bank Group and Julapa Jagtiani, Senior Economic Advisor and Economist at the Federal Reserve Bank of Philadelphia. Together, Matei and Julapa will discuss how suptech needs in advanced economies contrast to those in emerging markets and delve into global, collaborative suptech initiatives and their impact.

With:

Sharmyn Powell (ECCB) joined session #20 of The CBDC Broadcast to discuss the promise and perils of emerging digital currencies.

Drawing upon her deep expertise, Sharmyn shared her perspective on how digital currencies, from rCBDCs to stablecoins and tokenized deposits, are changing the payment ecosystem and offered insight into the Dcash rCBDC project.

The session covered: