Agenda

Agenda

Agenda

09:0009:45

Fintech foundations

09:00 - 09:45

09:0009:45

Understanding central banks initiatives to foster fintech innovations

09:00 - 09:45

Aristides Cavalcante Neto

Chief of Cybersecurity ant Technological Innovation Office

Central Bank of Brazil

Bachelor of Science in Computing and Master of Business Administration, Mr. Cavalcante works at Central Bank of Brazil for 22 years. He is Deputy Head of the IT department and Chief of Cybersecurity and Technological Innovation Office. He is in charge of fostering and collaborating in initiatives related to cybersecurity and technological innovation in the Brazilian financial system, like Distributed Ledger Technology (DTL), Open Banking and Regulatory Sandbox.

09:4510:15

Networking break

09:45 - 10:15

10:1511:00

How is Covid-19 changing the evolution of fintech development in central banks?

10:15 - 11:00

  • What role is fintech playing in the current crisis response? 

  • How does fintech innovation vary in different regions? 

  • Risks of fintech innovations in a crisis 

  • What lessons have been learned and what might central banks look to implement? 

11:0011:30

Networking break

09:45 - 10:15

14:0014:45

DLT and Blockchain: new opportunities in transactions and data management

14:00 - 14:45

  • How has Covid-19 affected advancements in DLT and blockchain? 

  • What are the new applications on data management and analysis? 

  • What are the emerging opportunities and barriers in national and cross-border payments and settlements? 

  • How to identify and manage operational, legal and ethical risks? 

14:4515:15

Networking break

09:45 - 10:15

15:3016:15

Virtual roundtable: How to design a road-map to a resilient, sustainable and inclusive FinTech ecosystem?

15:30 - 16:15

16:1517:15

Networking break

09:45 - 10:15

17:1518:00

Cloud: leveraging the technology to improve supervision of the financial sector

17:15 - 18:00

  • How can cloud technology streamline regulatory and supervisory processes? 

  • What are its technological foundations and building blocks? 

  • How do central banks identify challenges with regulatory reporting, analytics, monitoring and supervision? 

  • What does it take to effectively manage limitations and potential legal and security risks? 

Aleksi Grym

Head of Digitalisation, Financial Stability Department

Bank of Finland

09:0009:45

Regtech & suptech

09:00 - 09:45

09:0009:45

Risk-based supervision

09:00 - 09:45

  • How can central banks embed technological solutions processes and governance? 

  • How should central banks monitor risk factors? 

  • How can operational efficiency be met with risk-based supervision?  

  • Use of automation, data analytics and pattern recognition 

09:4510:15

Networking break

09:45 - 10:15

10:1511:00

Virtual roundtable: What are the key differences and overlaps between RegTech and SupTech and how do central banks manage this?

10:15 - 11:00

11:0011:30

Networking break

09:45 - 10:15

14:0014:45

Big Data: new applications in central banking and regulation

14:00 - 14:45

  • What are the emerging trends in the applications of the “regulatory Big Data”? 

  • How can central banks make the most of it in supervisory, risk assessment and stress-testing efforts? 

  • How to effectively manage and combine statistics from the internet, administrative and commercial sources? 

  • What infrastructure investments does it require? 

14:4515:15

Networking break

09:45 - 10:15

15:3016:15

Bigtech: what are the consequences for central banks?

15:30 - 16:15

  • What risks arise from the increasing importance of bigtech players in the world of payments? 

  • What competition are central banks facing? 

  • Is security and efficiency guaranteed? 

  • What are the legal implications? What should the legal framework look like? 

16:1517:15

Networking break

09:45 - 10:15

09:0009:45

Risk Management

09:00 - 09:45

09:0009:45

Virtual roundtable: What operational risks has Covid-19 brought to how new fintech innovations work?

09:00 - 09:45

09:4510:15

RiskTech: what are the new applications in central banking and supervision?

10:15 - 11:00

  • What are the building blocks of the risk management technology? 

  • What are the features of effective resilience strategies? 

  • What does it take to manage and effectively combine the new tools based around Blockchain, Cloud and Machine Learning? 

  • What is the role of public-private cooperation and coordination? 

11:0011:30

Hunting cyber threats: building-up resilience of digitalised ecosystems in a pandemic and beyond

14:00 - 14:45

  • How do central banks identify the weak spots within their industry and their own institutions?  

  • To what extent should the official sector be responsible for cyber security of the market infrastructures it runs and oversees? 

  • What is the role of intelligence-led exercises against critical financial systems? 

  • What does it take to effectively implement cross-industry guidance? What forms of international cooperation does it require? 

14:4517:15

Networking break

09:45 - 10:15

17:1518:00

AI and Machine Learning: emerging opportunities for regulatory compliance and risk management

17:15 - 18:00

  • In what ways is Artificial Intelligence and Machine Learning transforming the financial system and the economy? 

  • What implications does it pose for financial stability? 

  • What are the implications of the recent progress in the area of machine-readable regulation? 

  • Where are the boundaries of cognitive compliance? 

Jon Hasling Kyed

Chief Special Advisor FinTech

Danish Financial Supervisory Authority

09:0009:45

Fintech: CBDCs and financial inclusion

09:00 - 09:45

09:0009:45

Can today’s regulatory and supervisory frameworks accommodate crypto assets and stablecoins?

09:00 - 09:45

  • What were crypto assets meant for and what are they being used for now? 

  • What are their limitations beyond price volatility?  

  • What are the legal, regulatory and oversight challenges of stablecoins? 

  • On a global scale, what are the challenges to the international monetary system, financial stability and fair competition? 

Klaus Löber

Head of Oversight Division

European Central Bank

Klaus Martin Löber is head of the Oversight Division of the European Central Bank (ECB), in charge of the oversight of financial markets infrastructures (FMIs) and payments instruments. His areas of responsibility encompasses the ECB’s global regulatory policy activities with a focus on payments and market infrastructures. Furthermore, Mr. Löber contributes to the ECB’s FinTech and digital innovations agenda and acts as chair of the Committee on Payments and Market Infrastructures (CPMI) working group on digital currencies. He is also co-chair of the Committee on Payments and Market Infrastructures – International Organisation of Securities Commissions (CPMI-IOSCO) working group on digital innovations looking into relevant developments. Prior to his current position, Mr. Löber was head of the Secretariat of the CPMI, hosted by the Bank for International Settlements (BIS) in Basel, Switzerland, a global regulatory standard setting body in the areas of payments, clearing and settlement. Mr. Löber also regularly publishes on financial markets legal, regulatory and infrastructure issues.

Slavka Eley

Head

European Banking Authority

Scott Hendry

Senior Special Director FinTech

Bank of Canada

Scott Hendry was appointed senior director Financial Technology (FinTech) in the Funds Management and Banking Department (FBD) of the Bank of Canada in June 2016. In this role, he oversees the Bank’s efforts to monitor and research developments and implications of new technologies affecting the financial sector. He previously held the role of Director of Research for FBD and, before that, for the Financial Markets Department (FMD). His personal research has focused on electronic money, price discovery in the Canadian government bond market, and central bank communication. He has a PhD in Economics from the University of Western Ontario.

09:4510:15

Networking break

09:45 - 10:15

10:1511:00

CBDC prototype case study

10:15 - 11:00

  • What are the different uses of CBDC’s? 

  • Use of CBDCs for wholesale domestic fund transfers and cross-border transfers 

  • What are the key elements and design features of a CBDC? 

  • Lessons learned from the prototype  

11:0015:15

Networking break

09:45 - 10:15

15:3016:15

Fintech: the key enabler of financial inclusion

15:30 - 16:15

  • What does it take to ensure that Financial Inclusion benefits from disruptive technological innovation? 

  • What are the responsibilities of the regulator in the effective management of technology delivery? 

  • What is the role of public-private coordination? 

16:1517:15

Networking break

09:45 - 10:15

17:1518:00

Cloud driving financial inclusion

17:15 - 18:00

  • What is multi-cloud strategy?  

  • How to mitigate concentration risk of multiple institutions using the same cloud providers 

  • How does this enable financial inclusion? 

Slavka Eley

Head

European Banking Authority