About the conference
The 10th BIS Research Network meeting took place on 24 and 25 September 2020, bringing together researchers from academia and central banks around the theme "Financial innovation: implications for competition, regulation and monetary policy". Organised jointly with the Bank of England and CEPR, the first session focused on how financial innovation affects financial stability and competition, while the second assessed the effects on financial inclusion and the implications for regulation. Hyun Song Shin discussed the governance of money with lessons from an early stablecoin - the Bank of Amsterdam. The closing policy panel debated policy implications of financial innovation.
- Franklin Allen (Imperial College and CEPR)
- Leonardo Gambacorta (BIS and CEPR)
- Paul Grout (Bank of England and CEPR)
- Hyun Song Shin (BIS and CEPR)
Conference materials
Day 1 - 24 September
| Welcome and introduction |
|---|
| Hyun Song Shin (Bank for International Settlements) and Beatrice Weder di Mauro (CEPR) |
| Session 1: Financial innovation, financial stability and competition |
|---|
Chair Leonardo Gambacorta, Bank for International Settlements |
Speaker Christoph Basten (University of Zurich), presentation Paper 1: The geography of mortgage lending in times of FinTech (with Steven Ongena) Discussant: Sebastian Doerr (Bank for International Settlements), presentation |
Speaker Yannick Timmer (IMF), presentation Paper 2: Tech in Fin before FinTech: blessing or curse for financial stability? (with Nicola Pierri) Discussant: David Aikman (King's College London), presentation |
Speaker Ania Zalewska (University of Bath), presentation Paper 3: The impact of machine learning and big data on credit markets (with Peter Eccles, Paul Grout and Paolo Siciliani) Discussant: Neeltje van Horen (Bank of England), presentation |
| Keynote speech |
|---|
Hyun Song Shin, Bank for International Settlements An early stablecoin? The Bank of Amsterdam and the governance of money |
Day 2 - 25 September
| Session 2: Financial innovation, financial inclusion and regulation |
|---|
Chair Paul Grout (Bank of England) |
Speaker Nicola Limodio (Bocconi University), presentation Paper 4: High-speed internet, financial technology and banking in Africa (with Angelo D'Andrea) Discussant: Martin Brown (University of St Gallen), presentation |
Speaker Tania Ziegler (Cambridge Centre for Alternative Finance), presentation Paper 5: Fintech and big tech credit: a new database (with Giulio Cornelli, Jon Frost, Leonardo Gambacorta, Raghavendra Rau and Robert Wardrop) Discussant: Vasso Ioannidou (Lancaster University Management School), presentation |
| Policy panel on policy implications of financial innovation |
|---|
|
| Closing remarks |
|---|
| Franklin Allen and Hyun Song Shin |