Asian Institute of International Financial Law (AIIFL), HKU

AIIFL events you might like

AIIFL Series

In this series

AIIFL Lectures & Seminars

Meet the Team

AIIFL Lectures & Seminars

How Should Central Banks Explore CBDC

HKU-SCF Fintech Academy | Asia Global Institute | East Asian International Economic Law and Policy (EAIEL) Programme

Date & Time Monday, 6 November 2023 12:30-2:00 pm (HKT)
Duration 1:30
Location HKU iCube, 4005-07, 40F, Two Exchange Square, Central, Hong Kong

Central banks should ensure that they have the capacity to continue to meet their policy objectives in the digital age. It is in this context that central bank digital currency (CBDC) should be evaluated. If designed appropriately, CBDCs could allow central banks to modernize payment systems and future-proof central bank money as the pace and shape of digitalization continues to evolve. This Seminar proposes a dynamic decision-making framework under which the central bank can make decisions under uncertainty. A phased and iterative approach could allow central banks to adjust the pace, scale, and scope of their CBDC projects as the domestic and international environment changes.
Panel Discussion

Panel Discussion

Dr. Dong He, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund

Professor Douglas W. Arner, Kerry Holdings Professor in Law and RGC Senior Research Fellow in Digital Finance and Sustainable Development, The University of Hong Kong

Moderator: Professor Heiwai Tang, Victor and William Fung Professor in Economics and Director, Asia Global Institute, The University of Hong Kong

About the Speaker

Dr. Dong He

Deputy Director of the Monetary and Capital Markets Department (MCM) of the International Monetary Fund

Dr. Dong He is Deputy Director of the Monetary and Capital Markets Department (MCM) of the International Monetary Fund. As a member of the MCM’s senior management team, he is responsible for providing leadership for MCM’s work on central banking, fintech, and global financial stability analysis. Prior to joining the IMF in October 2014, Dr. He was Executive Director at the Hong Kong Monetary Authority, responsible for managing the Research Department and for directing research and policy advice on issues relating to the maintenance of monetary and financial stability and the development of financial markets.

Panelist

Professor Douglas Arner

Kerry Holdings Professor in Law, Faculty of Law, The University of Hong Kong

Moderator

Professor Heiwai Tang

Victor and William Fung Professor in Economics and Director, Asia Global Institute, The University of Hong Kong