ALMA Lunchtime Masterclass:

CBDC, USC… what does it mean? – you ought to know – it might change your life!

Tuesday 9th June, 12:30 BST

Venue: Online via Zoom

Presenters: Peter Left, Group Corporate Treasury, Lloyds Bank
Manisha Patel, Senior Analyst Central Bank Digital Currencies, Bank of England
Olaf Ransome, Industry Solutions Advisor, Fnality
Brian Nolan, Co-Founder, Finteum
Facilitated by Jane Grundy, Risk Division, Lloyds Banking Group

An expert panel will lead you through the theory and possible practical implications and products associated with digital currencies; they will also look at the implications for managing customer deposits.

It looks increasingly likely that, sometime this decade, central banks might create a digital alternative to banknotes in the form of retail CBDC. It’s also increasingly likely that there will be programmable money for wholesale payments, possibly in the form of Fnality’s USC. What does that mean for bank treasury teams? We include Finteum’s intraday FX swaps platform, for bank treasurers, as an example use case.

Link to discussion paper released in March.
https://www.bankofengland.co.uk/paper/2020/central-bank-digital-currency-opportunities-challenges-and-design-discussion-paper

To book your place, click here.