The plumbing of financial markets could soon be overhauled. Distributed ledger technology offers a new way of settling financial transactions. Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, is joined by three experts on the cutting edge of this technology’s application to capital markets: John O’Neill, global head of digital assets strategy at HSBC, Mathew McDermott, global head of digital assets at Goldman Sachs, and Bertrand de Mazières, director general finance at the European ...
May 25, 2023•56 min•Ep. 502
Nature-positive finance is rising on investors’ agendas, yet uncertainty of how to scale up nature-positive flows remains. To help drive nature-based capital, Guernsey Financial Services Commission has developed a natural capital fund. William Mason, director general and Alison Gavey, director of Authorisations and Innovation Division at GFSC, join Emma McGarthy, head of OMFIF’s Sustainable Policy Institute to discuss criteria, targets and the commercial orientation of the fund, and what issuers...
Apr 27, 2023•28 min•Ep. 501
Research is well underway for the 10th edition of OMFIF’s Global Public Investor – our flagship publication which explores the investment strategies of central bank reserves managers. Ellie Groves, Managing Director of OMFIF’s Economic and Monetary Policy Institute, speaks to Nikhil Sanghani, OMFIF’s Managing Director of Research, on: The aims of the GPI Key findings from previous reports A sneak peak of results from the 2023 survey, based on responses from over 50 central banks at the time of r...
Apr 20, 2023•14 min•Ep. 500
The rapid pace of technological change is matched by the ever-evolving risks to financial stability and the global economy, as presented by the Covid-19 pandemic, as well as the acceleration of climate change and the volatility of digital financial assets. It is within this environment that central banks need to harness technology to capture, handle, integrate and use new data effectively. In this podcast, we explore key findings of an upcoming report assessing the challenges and opportunities f...
Apr 13, 2023•17 min•Ep. 499
Gregory Smith, emerging markets fund manager at M&G Investments, speaks to Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, about the refinancing risks that African sovereigns are facing with a wall of bonds set to mature over the next few years. Smith talks about where the risks are most concentrated and the difficulty many African sovereigns with low credit ratings will face in accessing the markets. He also talks about the debt restructuring talks in Ghana and Zambia a...
Apr 06, 2023•23 min•Ep. 498
With strains on the public purse and the need to keep the UK’s risk premium down after September 2022’s reckless mini-budget, Chancellor of the Exchequer Jeremy Hunt had limited room for largesse in his 15 March budget. There were some welcome pro-growth measures to help the supply-side of the economy. But while he patched a fiscal hole, the borrowing outlook looks much tougher – meaning the hardest debt decisions await whoever’s in power after 2024. Neil Williams, chief economist and Taylor Pea...
Mar 30, 2023•11 min•Ep. 497
As our reliance on digital infrastructure grows, the dangers posed by more frequent and sophisticated cyberattacks grow too. Nataraj Nagaratnam, chief technology officer at IBM, joined Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, to discuss the growing risks to our financial ecosystem and the tools that cloud providers can offer to help mitigate them. They also explored how systems can be designed around customer preferences while still offering the highest standard of security....
Mar 21, 2023•24 min•Ep. 496
Pedro Duarte Neves, adviser for the board of directors of Banco de Portugal, joins Katerina Atkins, programme coordinator at OMFIF’s Sustainable Policy Institute, to discuss the critical topic of dealing with climate risks for financial stability. They share insights into the complexities surrounding the shift towards a low-carbon economy and the role played by central banks and policy-makers in tackling climate risks both in Europe and globally. They examine climate scenario analysis and stress...
Mar 14, 2023•38 min•Ep. 494
Public finance management systems are a means of delivering development outcomes through a governance system, so assuring that fund disbursements are impactful is crucial. The inability of current systems to accurately measure and track key indicators creates operational challenges and overcoming them is critical in facilitating effectual public good. Representatives from USAID and EY join OMFIF to discuss some of the challenges unfolding in aid projects and how they can be resolved.
Mar 09, 2023•32 min•Ep. 492
Join OMFIF's Emma McGarthy and Katerina Atkins as they give a sneak peek into what to expect from this year's highly anticipated Sustainable Policy Institute symposium. They delve into the main topics on the agenda and look forward to the keynote speakers who will be sharing their expertise. The SPI symposium will take place on 22-23 March in London and will examine the role of monetary policy, climate risk, regulation and disclosure. It will address practical challenges in driving sustainable f...
Mar 08, 2023•9 min•Ep. 495
