Morten Bech joined the BIS in mid-2011. Before taking up his current assignment in 2020, he was the head of the secretariat supporting the Committee on Payments and Market Infrastructures with responsibility for coordinating and contributing to the activities of the Committee and its various working groups. He has also served as Secretary to the Markets Committee. He previously worked for the Federal Reserve Bank of New York and the Danish central bank. In 2009, he was a visitor at the Monetary Affairs Division of the Federal Reserve Board in Washington DC. He holds a PhD in economics from the University of California, Santa Barbara. He has written on various issues relating to monetary policy implementation, money markets, the network topology of financial markets, large-value payment systems and systemic risk.
Hall A (Level 2)
Decoding Digital Assets and Payments
In this session, global leaders will uncover the transformative potential of tokenisation, smart contracts and programmability, as these functionalities combine to streamline transactions and unlock new levels of efficiency and security in global finance.
Roundtable Room 1 (Level 2)
Forming Frontier Tech
This roundtable reflects Elevandi’s commitment to advancing adoption of frontier technologies. This includes consideration of the Use of AI/ML in Financial Supervision by Central Banks in a 2024 FutureMatters opinion.
Leveraging AI for data analytics is increasingly becoming a staple in organisational strategies, yet the journey is far from complete. In this vein, the BIS Innovation Hub Swiss Centre and Swiss National Bank have recently launched Project Neo to explore how more frequent and granular data from novel sources combined with advanced analytic technologies can help central banks better fulfil their mandates. Project Neo aims to ensure that central bank policymaking decisions are grounded in timely and precise intelligence.
The discussion, under the theme of Forming Frontier Tech, will delve into:
- The transformative impact of AI on data analytics, particularly in forecasting, economic analysis, risk management, reporting, and decision-making processes.
- The multifaceted challenges of AI integration, spanning technological consideration to the organisational adaptation.
Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- ESG: The Urgency of Action & Why Climate Technology Matters Now
- Use of AI/ML in financial supervision by central banks
Roundtable Room 2 (Level 2)
Decoding Digital Assets and Payments
This roundtable reflects Elevandi’s commitment to advancing adoption of frontier technologies.
In today's rapidly evolving financial landscape, the concept of tokenisation is helping to reshape traditional financial instruments issued by sovereign and corporate entities. The transformative potential is exemplified by several digital bonds issuances as part of Project Helvetia Phase III. Also, Project Promissa aims to tokenise promissory notes that are instrumental in raising funds for the World Bank and other International Financial Institutions.
The roundtable will bring together participants from the public and private sectors, the legal and regulatory community, and financial market infrastructures. It will explore the following aspects:
- The transformative impact of tokenising financial instruments, such as liquidity, accessibility, transparency, and efficiency.
- The multifaceted challenges of tokenisation, ranging from technical aspects such as security, privacy and interoperability, to regulation and compliance and coordination between diverse actors in the financial markets.
The objectives of this roundtable operating under the theme of Decoding Digital Assets and Payments are to i) understand the transformative impact of tokenisation and explore challenges and solutions, ii) promote collaboration and coordination between different stakeholders and iii) map the way forward by identifying opportunities and risks.
Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- Project Helvetia Phase III
- Project Promissa