Thank you for attending the Webinar.
Overview of the event:
Speaker: Mr. Philip Middleton, Deputy Chairman of the Official Monetary and Financial Institutions Forum (OMFIF)
Date: Thursday, July 8th, 2021
Time: 16:00 - 17:00
Venue: Webinar (Microsoft Teams)
A unique confluence of technology, entrepreneurship, and politics on an international scale, accelerated by a global pandemic, is driving the development of the new digital economy. Nowhere is this more apparent than in the payments arena where a major decline in the use of cash by consumers allied to institutional requirements for faster, cheaper, and more secure payments options is giving birth to a revolution in global and national payments infrastructures. This webinar explores the struggle for mastery between nascent fiat digital currencies, private bank and non-bank instruments, and other players to exploit the potential of blockchain and other distributed technologies and to build the future payments infrastructure.
Key talking Points:
- CBDC, Crypto and Stablecoins, a brief typology.
- What are Central Banks around the world doing?
- What are the implications for capital, wholesale and institutional markets?
- What are the international and X-Border implications?
- Some predictions.
Mr. Philip Middleton, Deputy Chairman of OMFIF
Philip Middleton is Deputy Chairman at OMFIF and Chair of the Digital Monetary Institute. He is a Director of Rifle House Capital Ltd and a Commissioner at the Guernsey Financial Services Commission, the regulatory body for the finance sector in the Bailiwick of Guernsey. He was formerly a senior Partner and Head of Central Banking at professional services firm EY, where he specialized in strategy consulting and services to governments and other public institutions across Europe, the Middle East, India, and Africa. He has also held several roles within KPMG, including Partner and European Head of Financial Services Strategy Consulting. He holds degrees in History and Modern Languages from The Queen’s College, Oxford University, and an MBA from INSEAD.
OMFIF is an independent think tank for central banking, economic policy and public investment, providing a neutral platform for public and private sector engagement worldwide. With teams in London and the US, OMFIF focuses on global policy and investment themes relating to central banks, sovereign funds, pension funds, regulators, and treasuries.The Digital Monetary Institute is a unique forum enabling public and private sectors to debate and explore the challenges and issues surrounding CBDC, Cryptocurrencies, Stablecoins and other forms of digital payments in both wholesale and retail arenas. < DMI - OMFIF >