BIS Innovation Summit 2022

The BIS Innovation Summit brings together global policymakers, senior executives from the financial and technology industries, and academics to discuss technology and innovation. 

Global leaders from the public and private sector discussed key issues around the future of money and payments, CBDC, DeFi, new technology in the financial system, green initiatives, and technology as an enabler for financial inclusion.

22 Mar 2022 BIS Innovation Summit 2022

Agustín Carstens (General Manager, Bank for International Settlements) and François Villeroy de Galhau (Chair, BIS Board of Directors and Governor, Bank of France) open the BIS Innovation Summit 2022.

22 Mar 2022 BIS Innovation Summit 2022

Speakers discuss plans and challenges for the digital payments era and explore what the future might bring for money and payments from the perspectives of the private and public sectors.

22 Mar 2022 BIS Innovation Summit 2022

Josh Lipsky has a one on one conversation with the President of the European Central Bank, Christine Lagarde, about the future of money in the Eurosystem and the potential role for a digital Euro.

22 Mar 2022 BIS Innovation Summit 2022

Panellists explore the payment and settlement process for DeFi transactions and what role CBDC could play within it.

22 Mar 2022 BIS Innovation Summit 2022

Central bank leaders on the evolving role of private digital currencies in the financial system of the future and how central banks should respond to continue ensuring monetary and financial stability.

22 Mar 2022 BIS Innovation Summit 2022

The session sheds light on efforts to improve cross-border payments and the role of the public and the private sector in this process.

23 Mar 2022 BIS Innovation Summit 2022

Central bank governors discuss emerging challenges for central banks in a digital world. Governors exchange views on the extent to which these challenges create new sources of risk to the financial system, and how central banks should respond.

23 Mar 2022 BIS Innovation Summit 2022

Speakers discuss the new technologies that have the potential to transform the financial system. They examine the benefits these technologies offer and the challenges they pose in keeping the financial system secure and stable.

23 Mar 2022 BIS Innovation Summit 2022

How are central banks and the private sector collaborating to develop more accurate and useful green data to facilitate investments in green finance and avoid greenwashing.

23 Mar 2022 BIS Innovation Summit 2022

Roberto Campos de Neto, Governor of the Central Bank of Brazil, talks about payments innovation in Brazil, the opportunities and challenges it raises, and the role of the Central Bank of Brazil in this area.

23 Mar 2022 BIS Innovation Summit 2022

Speakers discuss how new technologies can deepen financial inclusions and the role of public private partnerships in this process.

23 Mar 2022 BIS Innovation Summit 2022

Luiz Pereira da Silva (Deputy General Manager, Bank for International Settlements) delivers closing remarks at the BIS Innovation Summit.

(all times in Central European Time - CET)

13:00 – 13:10

Welcome and opening remarks

  • Agustín Carstens (General Manager, BIS)
13:10 – 13:20

Opening speech

  • François Villeroy de Galhau (Chair, BIS Board of Directors and Governor, Bank of France)
13:25 – 14:10

Panel 1: CBDCs, digital payments, and the future of money

Speakers discuss plans and challenges for the digital payments era and explore what the future might bring for money and payments from the perspectives of the private and public sectors.

  • Moderator: Stephanie Flanders (Head, Bloomberg Economics)
  • Stefan Ingves (Governor, Sveriges Riksbank)
  • Patrick Njoroge (Governor, Central Bank of Kenya)
  • Gary Gorton (Professor, Yale University)
  • Jose Antonio Alvarez (Chief Executive Officer, Santander Group)
14:15 – 14:40

In Conversation with Christine Lagarde

A conversation with Christine Lagarde, President of the European Central Bank, on the future of money in the Eurosystem and the potential role for a digital Euro.

  • Moderator: Josh Lipsky (Director, The Atlantic Council's GeoEconomic Centre)
  • Christine Lagarde (President, European Central Bank)
14:45 – 15:30

Panel 2: Does DeFi need sovereign money?

The session explores the cash settlement for DeFi transactions, and what role central bank money could and should play in this process.

  • Moderator: Beju Shah (Nordic Centre Head, BIS Innovation Hub)
  • Jill Gunter (Co-Founder and Chief Strategy Officer of Espresso Systems)
  • Eddie Yue (Chief Executive, Hong Kong Money Authority)
  • Brian P Brooks (Chief Executive Officer, Bitfury)
15:35 – 16:10

In Conversation with the Governors

A dialogue with Central Bank Governors on the evolving role of private digital currencies in the financial system of the future and how central banks should respond to continue ensuring monetary and financial stability.

  • Moderator: Ross Leckow (Acting Head, BIS Innovation Hub)
  • Cecilia Skingsley (First Deputy Governor, Sveriges Riksbank)
  • John Williams (President, Federal Reserve Bank of New York)
  • Perry Warjiyo (Governor, Bank Indonesia)
16:15 – 17:00

Panel 3: Improving cross-border payments – should central banks leave it to the private sector?

The session sheds light on efforts to improve cross-border payments and the role of the public and the private sector in this process.

  • Moderator: Andrew McCormack (Singapore Centre Head, BIS Innovation Hub)
  • Thomas Jordan (Chairman of the Governing Board, Swiss National Bank)
  • Sir Jon Cunliffe (Deputy Governor, Bank of England)
  • Tony McLaughlin (Managing Director, CITI)
  • Catherine Gu (Head of CBDC, Digital Currency, Visa)

(all times in Central European Time - CET)

13:00 – 13:45

In Conversation: What keeps you awake at night? Emerging challenges for central bank governors in a digital world

A conversation about emerging challenges for central banks in the face of rapid technological change. What implications do these challenges have for central bank mandates and for the way in which they engage with other stakeholders on issues such as competition, privacy, and climate change?

  • Moderator: Agustin Carstens (General Manager, BIS)
  • Andrew Bailey (Governor, Bank of England)
  • Jerome Powell (Chairman of the Board of Governors, The Federal Reserve Board System)
  • Joachim Nagel (President, Deutsche Bundesbank)
  • Nor Shamsiah Mohd Yunus (Governor, Bank Negara Malaysia)
13:50 – 14:40

Panel 1: Foundational technology for a new financial system

Speakers discuss new technologies that are gaining importance in the financial system and will examine the distinction between DeFi and CeFi. It will also explore the benefits that these technologies offer for the future of the financial system and what the public sector is doing to keep the financial system secure and stable. 

  • Moderator: Morten Bech (Switzerland Centre Head, BIS Innovation Hub)
  • Jeremy Allaire (Chief Executive Officer, Circle)
  • Michael Shaulov (Chief Executive Officer, Fireblocks)
  • Sam Bankman-Fried (Chief Executive Officer, FTX)
14:45 – 15:35

Panel 2: Green finance, greenwashing, and green tech: navigating the challenges ahead

How are central banks and the private sector collaborating to develop more accurate and useful green data to facilitate investments in green finance and avoid greenwashing.

  • Moderator: Bénédicte Nolens (Hong Kong Centre Head, BIS Innovation Hub)
  • Darian McBain (Chief Sustainability Officer, Monetary Authority Singapore)
  • Massamba Thioye (Project Executive, UNFCCC Global Innovation Hub)
  • Rama Variankaval (Global Head of Centre for Carbon Transition, JPMorgan)
15:40 – 16:05

In Conversation with Roberto de Oliveira Campos Neto

Payments innovations in Brazil

  • Moderator: Hyun Song Shin (Economic Adviser and Head of Research, BIS)
  • Roberto de Oliveira Campos Neto (Governor, Central Bank of Brazil)
16:10 – 17:00

Panel 3: How can technology help 1.7 billion financially excluded people?

Speakers discuss how new technologies can deepen financial inclusions and the role of public private partnerships in this process. 

  • Moderator: Fernando Restoy (Chair of the FSI, BIS)
  • Elsie Addo Awadzi (Second Deputy Governor, Bank of Ghana)
  • Siritida Panomwon Na Ayudhya (Assistant Governor, Bank of Thailand)
  • Tanja Heßdörfer (Director Business Development CBDC, Giesecke+Devrient)
17:00 – 17:10

Closing remarks

  • Luiz Pereira da Silva (Deputy General Manager, BIS)