CBDC Motivations, Challenges and Design Choices- A perspective from the UK and Canada
Thursday 28th April 2022
There are many motivations for rolling out a CBDC, from achieving higher financial inclusion and higher transactional efficiency to preserving monetary sovereignty by compensating for the declining use of cash, and by countering the entrance of new private forms of digital currencies.
Each country has a different set of features and objectives that influence a CBDC’s design, making the roll-out a tailored process.
In this fourth session of FNA’s CBDC Broadcast, we talk to Dr Francisco Rivadeneyra from the Bank of Canada and Mehregan Ameri from the Bank of England to gain an insight into CBDCs from a G7 perspective.
Watch the recording:
Session #4 Guests
 | Dr Francisco Rivadeneyra Director of CBDC & FinTech Policy and Research, Bank of Canada As the Director of CBDC & FinTech Policy and Research, Francisco leads a team developing policy advice in the areas of Central Bank Digital Currency, electronic money and payments, and the impact broader financial innovations could have on Central Banks. Francisco is also an active researcher exploring the intersection of technology, payments and finance. His current research studies the security and convenience trade-off of digital currencies and the use of artificial intelligence in the liquidity management problem of commercial banks. His previous work has been on the management of domestic debt and foreign reserves for the government of Canada. Francisco holds a PhD in Economics from the University of Chicago.
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 | Mehregan Ameri Central Bank Digital Currency Senior Specialist, Bank of England Mehregan Ameri is a Senior Central Bank Digital Currency Specialist at the Bank of England, working on the economics of CBDCs. Prior to this, she worked at the Financial Conduct Authority with a focus on the regulation of the payment sector. Mehregan’s research is on the redistributive impact of monetary policy, with an interest in financial inclusion. She has previously worked at Goldman Sachs. |
Resources and Links
Latest CBDC news:
- e-Krona can be integrated into banks’ existing IT systems read more >
- UK to bring stablecoins within payment regulatory perimeter read more >
Missed our previous sessions? Watch the series on-demand
 | 5th October 2022 Gaining Momentum: Options for access to and interoperability of CBDCs worldwide With: Anneke Kosse & Illaria Mattei
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 | 29th September 2022 What CBDC features will drive consumers’ and merchants’ adoption? With: John Velissarios & Raoul Herborg
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 | 10th August 2022 Aligning Technology and Policy: The Oliver Wyman Forum and Amazon Web Services (AWS) Report With: Larissa de Lima & Erica Salinas
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 | 20th July 2022 CBDC Motivations and Challenges – A Perspective from Asia-Pacific With: Masaki Bessho & Dr Steven Hu
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 | 30th June 2022 Central Banks and Private Money: The Past, Present and Future With: John Kiff & Harish Natarajan
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 | 18th May 2022 CBDC Motivations and Challenges – A Perspective from Latin America With: Ludmilla Butueau Allien & Dr Adolfo Sarmiento |
 | 28th April 2022 CBDC Motivations and Challenges- A Perspective from the UK & Canada With: Dr Francisco Rivadeneyra & Mehregan Ameri |
 | 16th March 2022 HSBC & IBM’s Joint CBDC Project With: Mark Williamson & Soren Mortensen |
 | 15th February 2022 Critical policy issues & Lessons Learned from UK and China With: Jean-Michel Godeffroy & Keith Bear |
 | 11th January 2022 Quantifying the Impact of CBDCs With: Dr Kimmo Soramäki & Dr Carlos León |