Central Bank Digital Currencies with Clifford Chance and the International Monetary Fund (IMF) Banner Image

Central Bank Digital Currencies with Clifford Chance and the International Monetary Fund (IMF)



Tuesday 9 July 2024

Programme

Tuesday 9 July 2024
TimeDescription
9:00 EST / 14:00 BST / 15:00 CEST / 17:00 GST / 21:00 SGT

Welcome and opening: Yan Liu, Deputy General Counsel, IMF and Monica Sah, Partner, Clifford Chance

9:10 EST / 14:10 BST / 15:10 CEST / 17:10 GST / 21:10 SGT

Panel: CBDC Legal Status & Design

In this panel, our experts will share their insights on the latest developments around, and key considerations for, designing effective CBDCs, including considering central bank mandates, distinctions for wholesale and retail CBDCs and which CBDC design features may require legal reform.

Speakers:

Marianne Bechara, IMF Senior Counsel

Diego Ballon Ossio, Partner, Clifford Chance

James Dadford, Senior Associate, Clifford Chance

Monica Sah, Partner, Clifford Chance 

10:05 EST / 15:05 BST / 16:05 CEST / 18:05 GST / 22:05 SGT

Panel: CBDCs and Private Sector Intermediaries

In this panel, our expert line up will consider the role of private sector intermediaries in different CBDC models, looking at the legal relationship between intermediaries and the central bank, as well as considerations around CBDC interaction with alternative digital payment methods such as tokenized deposits and stablecoins

Speakers:

Juliana Bolzani, Senior Counsel, IMF

Alessandro Gullo, Assistant General Counsel, IMF

Diego Ballon Ossio, Partner, Clifford Chance

Young Kim, Counsel, Clifford Chance

Alex Tollast, Counsel, Clifford Chance

10:55 EST / 15:55 BST / 16:55 CEST / 18:55 GST / 22:55 SGT

Panel: CBDCs and Payments Laws

Our final panel will consider the application of payments laws to CBDCs, including where legislative changes may be necessary, the role of payment systems, financial market infrastructures (FMIs), settlement finality and legal issues related to cross-border payments. 

Speakers:

Adrian Dorel Dumitrescu Pasecinic, Senior Consulting Counsel, IMF

Simon Crown, Partner, Clifford Chance

Young Kim, Counsel, Clifford Chance

Marian Scheele, Senior Counsel, Clifford Chance 

11:45 EST / 16:45 BST / 17:45 CEST / 19:45 GST / 23:45 SGT

Closing – by Carine Antoine Chartouni, Deputy Division Chief, IMF and Alex Tollast, Counsel, Clifford Chance