Navigating a Changing Financial Landscape

DAY 1: Thursday, December 14, 2023

(Time shown below is in South Korean local time: GMT +9)

Organizers’ welcome and opening speeches | Watch Live

• Kyungho Choo, Deputy Prime Minister of Korea
• Soyoung Kim, Vice Chairman, Financial Services Commission
• Kristalina Georgieva, Managing Director, IMF

9:40 – 11:00 AM

Panel discussion 1 | Watch Live

Digital Money and its Role in the Global Economy: Opportunities and Challenges

A high-level discussion on the impact of digital money on the monetary system, trade, financial services, and the broader economy. The catalytic role of technology and innovation brings enormous opportunities, including potentially low-cost and fast transfers and transactions, scalability and security, and new applications, but it also calls for a careful consideration of the implications for financial stability, privacy, and trust.

Panelists:

• Kristalina Georgieva, Managing Director, IMF
• Stefan Ingves, Former Governor, Riksbank
• So Young Kim, Vice-Chairman, Financial Services Commission
• David Rutter, CEO, R3
• Hyun Song Shin, Economic Adviser and Head of Research, BIS

Moderator: Haslinda Amin, Bloomberg

11:00 – 11:20 AM

Coffee Break

11:20 AM – 12:35 PM

Panel discussion 2

Prospects for the Use Cases of Digital Money

This panel will discuss potential use cases for digital money, including payment systems, financial inclusion, crypto assets, tokenization, and government applications. Speakers will share their insights on the regulatory and technological frameworks required to ensure these use cases proceed safely and allow the sustainable and safe adoption of digital money in the global economy.

12:45 – 2:30 PM

Luncheon

3:15 – 3:30 PM

Coffee Break

3:30 PM – 5:00 PM

Panel discussion 3

Crypto Regulation: National Approaches and the Role of Standard Setting Bodies

Progress in creating comprehensive regulatory perimeters and robust supervision for the crypto ecosystem is underway, and more lies ahead. Coordination among supervisors and regulators is ongoing. This session will summarize the major steps taken by the standard setting bodies and jurisdictions and discuss the role of standard setting bodies to reach a coherent and globally consistent treatment of crypto assets and activities.

6:00 – 8:00 PM

Cocktail Reception and Dinner

DAY 2: Friday, December 15, 2023

Speech by BOK Governor Chang Yong Rhee on CBDCs | Watch Live

9:25 – 10:40 AM

Panel discussion 4

The Future of Money and the Role of Central Banks: View from Academia

The evolution of money into the digital age will have implications for central banks and how they achieve their mandates. Across monetary policy, financial intermediation, financial regulation and supervision, as well as capital flow issues, digital money has the potential to complicate the operations of central banks and monetary authorities. This session will bring together academic experts to share their insights and findings.

10:40 – 10:55 AM

Coffee Break

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