29-30 August 2024

Bank of Finland

PROGRAMME

Day 1, Thursday 29 August

9.30-10.00  Registration
10.00-10.10

Opening of the seminar
Member of the Board Tuomas Välimäki, Bank of Finland

10.10-10.50 The Dynamics of Retail Payment Markets and Consumer Adoption of Payment Instruments
Martin Brown, Study Center Gerzensee
10.50-11.30 

Measuring Liquidity Risks in the Finnish T2 Component - Input to the work of Resolution Authorities
Hanna Westman, Financial Stability Authority, Tatu Laine and Kasperi Korpinen, Bank of Finland

11.30-11.45

Refreshments

11.45-12.25

Who is Critical, How and When? - A Granular Analysis of the Criticality of Participants in RTGS Payment Systems?
Julius Mattern and Christoph Meyer, Swiss National Bank

12.25-13.05 What is the Impact of a Failing Participant on its Environment and Does Time Matter?
Ronald Heijmans and Ellen Word, De Nederlandsche Bank
13.05-14.20 Group photo and lunch
14.20-15.00 Operational Failure in T2: a Simulation-Based Study
Livia Polo-Friz, Ioana Duca-Radu and Sara Testi, European Central Bank
15.00-15.40 Cyber Stress Testings: A Simulation Approach
Tanai Khiaonarong, Emran Islam, IMF and Kasperi Korpinen, Bank of Finland
15.40-16.00 Refreshments
16.00-16.40 Project Titus
Marta Stangierska and Josiah Friesen, BIS Innovation Hub
16.40-17.20 Rapid Reordering of Payment Requests as a Liquidity Saving Mechanism in T2
Chris McMahon, Goodlabs Studio
  Social Event

 
Day 2, Friday 30 August

9.40-10.20

Pitfalls on the Path to Instant Payments – Liquidity Risk on Finnish Instant Payments Market
Matti Hellqvist, Bank of Finland

10.20-10.40 Refreshments
10.40-11.20

An Objective-Based Approach to Limit Initial Margin Procyclicality
Francesco Vacirca, European Central Bank

11.20-12.00

Think Globally, Settle Globally? Multilateral Platforms for Cross-Border Payments based on Distributed Ledger Technology 
Constantin Drott, Stefan Mitzlaff and David Ballaschk, Deutsche Bundesbank

12.00-12.50 Lunch
12.50-13.30

Lithuania’s Fintech Boom: Growth Drivers and Economic Interdependence (2015-2024)
Martynas Rajunčius, Bank of Lithuania

13.30-14.10

Rebates in Payment Card Networks
Vera Lubbersen and Wilko Bolt, De Nederlandsche Bank

14.10-14.30

Discussion and remarks
Seminar closing