FNA Broadcasts

| 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.

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| 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.

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| 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.

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| 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.

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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.

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| Ramunas Baravykas, Director of Data and Statistics Department, CDC, Bank of Lithuania

Technology innovation is rapidly transforming financial supervision.

Session #8 of the Suptech Broadcast brought together suptech specialists Jermy Prenio (Bank for International Settlements) and Ramunas Baravykas (Bank of Lithuania), who explored the emerging technology shaping the future of the suptech landscape.

Jermy and Ramunas drew upon their extensive hands-on experience to offer a global and EU perspective on key topics, including data analytics, cross-border collaboration and the proportionality and ethics of AI to offer insight into how central bankers and policymakers can take advantage of the opportunities suptech for more effective oversight.

| Kimmo Soramäki (FNA)

Martin Kyle, Chief Information Security Officer at Payments Canada, joined FNA’s Kimmo Soramäki to discuss the value of Digital Twins and how digital replicas of payment systems are accelerating the ability to design better systems, reduce developmental costs, increase the speed of deployment and enable smoother regulatory approvals. Kimmo will also share insight into how this technology applies to other financial areas, including CBDC development and liquidity management.

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| Aniko Szombati, Chief Digital Officer, Magyar Nemzeti Bank

Guests Aniko Szombati, Chief Digital Officer Magyar Nemzeti Bank and Chris Ostrowski, Co-founder and CEO of SODA, joined FNA for Session #19 of the CBDC Broadcast, Testing DLT-based Central Bank Solutions.

In this session, we delved into the Central Bank of Hungary and SODA’s joint project on the use of digital solutions, including rCBDCs and NFTs, as we gained valuable insights into the pivotal role of public engagement and hands-on experiences in shaping the development and adoption of rCBDs by leveraging NFTs and coin collecting to improve the understanding and implementation of digital currencies.

Together, we explored how the Central Bank of Hungary is approaching adoption issues ahead of rolling out an rCBDC in an approach that cultivates the consumer use case for rCBDCs and prepares the public for the introduction of an rCBDC.

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