LPFMI and Economic Innovation – FX Past, Proposed and Missing Innovation with Dr. Robert Hofmeister (ECB)

WEBINAR INFORMATION
Dr. Robert Hofmeister is a is a payment market infrastructure expert at the European Central Bank (ECB) Directorate General (DG) Market Infrastructure & Payments, Oversight Division and within there the Payments Oversight Section. In his capacity he oversees Foreign Exchange (FX) Cross Border Infrastructure which most prominently includes Continuous Linked Settlement (CLS – www.cls-group.com) the incumbant and defacto sole leader in the most liquid foreign exchange markets but also promising start-ups like Fnality International (www.fnality.org).

Robert is going to give an overview on FX markets and then discuss from a practical oversight perspective potential liquidity 'issues' within FX markets. Doing so, he will show the innovation that has been taking place, is being proposed at the moment to address these or which 'issues' potentially currently lack an innovative response. With this presentation, the Liquidity Project Financial Market Infrastructure (LPFMI) will conclude its Fall 2020 curriculum conversation with Economic Innovation.

LPFMI INFORMATION
As some of you know, LPFMI is concerning itself around liquidity questions in financial market infrastructure (FMI) and is therefore open to all questions regarding
i. Liquidity problems at FMIs – this is the core of this project
ii. Liquidity problems in the financial system – this could be the next LP focus
iii. FMI problems in general – this includes innovation such as blockchain / DLT

Should you want to learn more about LPFMI, check out the links below for our initiation presentation from Jun. 2019. There were also Q&A webinars on the presentation, you can check out as well or reach out to any of us at LPFMI. Come join us!

LPFMI EVENTS OUTLOOK
The above mini webinar series will be part of a broader LPFMI Fall 2020 curriculum. You can find an overview (date 04. Oct. 2020 subject to updates) at https://drive.google.com/file/d/10Hgj3S9Oh-k29eEypaIv6MhSkOHJWgAu/view?usp=sharing Come join us as well for the other webinar series!

LPFMI and Economic Innovation (con't)
• Introduction to Stablecoins– Theory, Structures, Use Cases
• Cross Border Payments and Blockchain

LPFMI and the Law
• PREP. – CCPs for OTC Derivatives: the Foundations of the Legal and Regulatory Framework
• DEBRIEF – CCPs for OTC Derivatives: the Foundations of the Legal and Regulatory Framework with Dan Awrey (Cornell)
• Uncleared margining regulation with Poseidon Retsinas (HedgeLegal)

LPFMI and Economic Development
• CCP role in Frontier Countries with CCP expert

LPFMI @ YSI Virtual Plenary
• LPFMI events 6. – 15. Nov. 2020 online to be confirmed soon

Earmarked F2F conferences – to be confirmed
• LPFMI along BuBa/ECB/FRBC CCP conference 1. ‐ 4. Mar. 2021 in Frankfurt, DE Europe
• FRBC annual OTCD/Clearing Symposium in Jul. 2021 in Chicago, IL USA