Shearman And Sterling

Event November 29, 2023

Abu Dhabi Finance Week: Inside Central Bank Digital Currencies

  • Abu Dhabi

Partner and Global Head of Financial Services Industry Group, Barney Reynolds spoke on the panel ‘Inside Central Bank Digital Currencies’ at the ADGM Arena/Capital Square (Main stage) at Abu Dhabi Finance Week on 29 November 2023. The panel looked at Central Bank Digital Currencies (CBDC) and, if appropriately designed, how these will offer significant opportunities including improved financial inclusion. The panel discussed effective implementation and how this needs a proportionate, risk-based approach and the support of complementary policies. The panel was moderated by Rauda Al Dhaheri (Manager of Research and Development for ADGMA Research Centre) and also included David Rutter (CEO, R3), Kimmo Soramäki (CEO, FNA) and Markos Zachariadis (University of Manchester).

Themed ‘Investing In The Transition Era’, Abu Dhabi Finance Week gathered global financial industry leaders to delve into the opportunities and challenges presented by the economic, technological, and sustainability shifts impacting the global economic landscape.