25–26 August 2022

Bank of Finland, Helsinki

programme

Day 1, Thursday 25 August

 

9:30–10:00 Registration
10:00–10:10

Opening of the Seminar

Päivi Heikkinen (Head of Payment Systems), Bank of Finland

10:10–10:50

The BIS Innovation Hub's Project Titus

Morten Bech, BIS Innovation Hub

10:50–11:30

BoF-PSS3 Simulator, Current Situation and Recent Developments

Tatu Laine and Kasperi Korpinen, Simulator Development Team, Bank of Finland

11:30–11:45 Refreshments
11:45–12:25

A Liquidity "Black Hole" in a Large Value Payment System: What is the Impact of a Failing Participant on its Environment and Does Time Matter?

Ronald Heijmans, De Nederlandsche Bank

(presentation)

12:25–13:05

How Centralized is DeFi and How Decentralized is CeFi?

Martin Diehl, Deutsche Bundesbank

13:05–14:20 Group photo and lunch
14:20–15:00

Oversight Must Not Overlook Decentralized Finance - Crypto Oversight in the Euro Area Based on the PISA Framework

Stefan Mitzlaff, Deutsche Bundesbank

(presentation)

15:00–15:40

Central Bank Digital Currencies and International Payments

Alistair Milne, School of Business and Economics, Loughborough University

(presentation)

15:40–16:00 Refreshments
  Social Event

 

Day 2, Friday 26 August

 

9:009:40

Network Model Simulation and Stress Testing of PvP Systems

Jordan Cambe, Financial Network Analytics

(presentation)

9:40–10:20

How Banks Create Gridlock to Save Liquidity in Canada's New Wholesale Payment System

Zhentong Lu, Bank of Canada

10:20–10:40 Refreshments
10:40–11:20

The Current Approach for Indication of Free-Riders on Liquidity in SORBNET2 (i.e. LVPS in Poland)

Mateusz Dzicher, Narodowy Bank Polski

(presentation)

11:20–12:00

Determining the Liquidity Sink in the NISS

Ester Ngwena, Bank of Namibia

(presentation)

12:00–12:50 Lunch
12:50–13:30

Outsourcing of Participants in the Swiss Real-Time Gross Settlement (RTGS) System

Flurina Strasser, Swiss National Bank

(presentation)

13:30–14:15

Panel discussion on Avenues for data driven studies of FMI's

Panelists:

Ronald Heijmans, De Nederlandsche Bank

Harry Leinonen, PSS Consultancy

Zhentong Lu, Bank of Canada

Rodney Garratt, BIS

Moderator:

Matti Hellqvist, Bank of Finland

14:15–14:30

Discussion and remarks

Seminar closing