22nd International Conference of Banking Supervisors

29 November – 1 December 2022 | virtual

About the conference

The overarching theme for the 2022 ICBS was financial technology and its implications for banks and banking supervision.

02:13:58
ICBS 2022
International Conference of Banking Supervisors 2022
Video 29 Nov 2022
International Conference of Banking Supervisors 2022

The overarching theme for the 2022 ICBS was financial technology and its implications for banks and banking supervision.

Day one started with the keynote speech by the Committee Chair and will be followed by a panel discussion with practitioners, industry and academia. The sessions focused on understanding how new technologies such as cryptoassets and decentralised finance (DeFi) will shape the future of banking and finance, and consequently banking supervision. Day one has been livestreamed and open to the public.

13:00 - 13:10

Welcoming remarks

Neil Esho, Secretary General, BCBS

13:10 - 13:40

Keynote speech

Pablo Hernández de Cos, Chair, BCBS

13:40 - 15:15

Panel Discussion 1

Moderator: Arthur Yuen / Deputy Chief Executive, Hong Kong Monetary Authority

Panellists

  • Brian Brooks / CEO, Bitfury
  • Ryozo Himino / Visiting Professor, University of Tokyo
  • Fabian Schär / Professor for Distributed Ledger Technology and Fintech, University of Basel
  • Hyun Song Shin / Economic Adviser and Head of Research, BIS

Day two included three different time zone panel discussions with supervisors focused on (i) blurring of the regulatory perimeter between banks and non-financial institutions; (ii) cryptoassets and how regulation and supervision should be adapted for new technologies; and (iii) DeFi and stablecoins and their implications for the future of banking and finance.

09:00 - 10:30

Session 1: Blurring the regulatory perimeter – how do supervisors adapt? by Asia/Pacific

Chair: Kuben Naidoo / Deputy Governor, South African Reserve Bank and Co-chair, BCG

  • Jessica Chew Cheng Lian / Deputy Governor, Bank Negara Malaysia
  • Liu Chunhang / Director General, China Banking and Insurance Regulatory Commission
  • Lara Douglas / General Manager - Banking, Australian Prudential Regulation Authority
  • Fernando Restoy / Chair of the Financial Stability Institute, BIS
13:00 - 14:30

Session 2: Cryptoassets – how should regulation and supervision be adapted for new technologies? by Europe, Middle East and Africa

Chair: John Aspden / Chairman, Group of International Finance Centre Supervisors and Co-chair, BCG

  • Suliman Al Jabrin / Executive Secretary, Middle East and North Africa Financial Action Task Force
  • Korbinian Ibel / Director General, DG Universal & Diversified Institutions, Banking Supervision, European Central Bank
  • Faizel Jeena / Head of Risk Support Department, South African Reserve Bank
  • Victoria Saporta / Executive Director, Bank of England
17:00 - 18:30

Session 3: DeFi and Stablecoins – is this the future of banking and finance? by the Americas

Chair: Michael Gibson / Director, Board of Governors of the Federal Reserve System

  • Michael Hsu / Acting Comptroller of the Currency, Office of the Comptroller of the Currency
  • Jorge Mogrovejo / Deputy Superintendent, Superintendency of Banking, Insurance and AFP, Peru
  • Peter Routledge / Superintendent, Office of the Superintendent of Financial Institutions
  • Lucía Buenrostro Sanchez / Vice President of Regulatory Policy, National Banking and Securities Commission

Day three brought together the discussions from the prior two days and conclude with a panel of senior supervisors reflecting on how new financial technologies and business models will shape the future of banking supervision.

13:00 - 13:20

Feedback from Day 2 discussions

Kuben Naidoo, John Aspden and Michael Gibson

13:20 - 15:00

Panel discussion 2

Moderator: Neil Esho / Secretary General, BCBS

Panellists

  • Ho Hern Shin / Deputy Managing Director, Monetary Authority of Singapore
  • Steven Maijoor / Executive Director, De Nederlandsche Bank
  • Sam Woods / Deputy Governor for Prudential Regulation and Chief Executive Officer, Prudential Regulation Authority