{ "title": "Asia-Pacific Regional Seminar 0425", "sourceUrl": "https://www.imf.org/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425", "canonical": "https://www.imf.org/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425", "overlayPath": "/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425/index.md", "summary": "While each country has different motivations and challenges, a broad set of common questions has emerged across the globe.", "profileBlocks": [ { "type": "office", "heading": "Office Information", "lines": [ { "text": "IMF Regional Office for Asia and the Pacific (OAP)" }, { "text": "Tokyo, Japan" }, { "text": "For inquiries about the OAP's activities:" }, { "text": "Please submit your questions here.", "href": "https://www.imf.org/en/Countries/ResRep/OAP-Home/OAP-InquiryForm", "linkText": "here.", "links": [ { "href": "https://www.imf.org/en/Countries/ResRep/OAP-Home/OAP-InquiryForm", "linkText": "here." } ] }, { "text": "For press inquiries:" }, { "text": "Email: OAPMedia@IMF.org", "href": "mailto:oapmedia@imf.org", "linkText": "OAPMedia@IMF.org", "links": [ { "href": "mailto:oapmedia@imf.org", "linkText": "OAPMedia@IMF.org" } ] } ] } ], "sections": [ { "heading": "Seminar focus and key messages", "content": "- The global central banking community is actively exploring Central Bank Digital Currencies (CBDCs), which are expected to have a fundamental impact on both domestic and international monetary systems.\n- A broad set of common questions has emerged across the globe despite differing national motivations and challenges.\n- The IMF Regional Office for Asia and the Pacific hosted a regional seminar on the digital currency’s global landscape and Japan’s approach.\n- The seminar highlighted the IMF’s role in assisting member countries, including through the CBDC Handbook, and shared experiences and insights from Japan’s exploration of digital money." }, { "heading": "Agenda and program", "content": "- IMF Policy Paper: IMF Approach to Central Bank Digital Currency Capacity Development\n- Presentations and discussion sequence:\n - 9:30 AM — Registration\n - 10:00 AM — Welcome & Introduction\n - 10:05 AM — Presentation 1: Dong HE, Deputy Director, Monetary and Capital Markets Department, IMF\n - 10:05 AM — Presentation 2: Naoto Shimoda, Associate Director-General in the Payment and Settlement Systems Department, the Bank of Japan\n - 10:05 AM — Presentation 3: Hiromi Yamaoka, Board Director of Future Corporation, and the Chairperson of the Digital Currency Forum\n - Moderator: Akihiko Yoshida, Director of the Regional Office for Asia and the Pacific (OAP)\n - 11:05 AM — Q&A session\n - 11:25 AM — Closing & post-event survey" }, { "heading": "Speakers and affiliations", "content": "- Dong HE\n - Deputy Director of the Monetary and Capital Markets Department (MCM) of the International Monetary Fund.\n - Oversight responsibility for MCM’s work on digital currencies and fintech.\n - Previous experience: World Bank (1993-1998), IMF (1998-2004), Hong Kong Monetary Authority (2004-2014).\n - Former Executive Director at HKMA and Director of the Hong Kong Institute for Monetary Research.\n - Holds a doctorate in economics from the University of Cambridge.\n- Naoto Shimoda\n - Associate Director-General in the Payment and Settlement Systems Department of the Bank of Japan.\n - Leading role in the CBDC project, cross-border payments and international technical standards.\n - Previous roles: head of Basel Committee on Banking Supervision team in the BOJ, head of BOJ’s Hong Kong office, Director of International Financial Affairs at Japan’s Ministry of Finance.\n - Joined the Bank of Japan in 1992.\n - Studied law at Hitotsubashi University and computer science at Harvard University.\n- Hiromi Yamaoka\n - Board Director of Future Corporation and Head of Future Institute of Research.\n - Chairperson of the Digital Currency Forum, which consists of around 100 leading companies in Japan.\n - Previous roles: Director General of the Markets Dept. and the Payment and Settlement Systems Dept of the Bank of Japan; Member of the Basel Committee; Alternate Executive Director for Japan in the IMF.\n - Holds LL.B. from University of Tokyo and LL.M. from University of California at Berkeley." }, { "heading": "Institutional outputs and capacity development", "content": "- The IMF’s CBDC Handbook is cited as a tool through which the IMF assists member countries in CBDC exploration and capacity development.\n- The seminar framed the IMF as playing a prominent role in supporting member country efforts on digital currency issues." } ], "bullets": [ "The global central banking community is actively exploring Central Bank Digital Currencies (CBDCs), which are expected to have a fundamental impact on both domestic and international monetary systems.", "A broad set of common questions has emerged across the globe despite differing national motivations and challenges.", "The IMF Regional Office for Asia and the Pacific hosted a regional seminar on the digital currency’s global landscape and Japan’s approach.", "The seminar highlighted the IMF’s role in assisting member countries, including through the CBDC Handbook, and shared experiences and insights from Japan’s exploration of digital money.", "IMF Policy Paper: IMF Approach to Central Bank Digital Currency Capacity Development", "Presentations and discussion sequence:", "Dong HE", "Naoto Shimoda", "Hiromi Yamaoka", "The IMF’s CBDC Handbook is cited as a tool through which the IMF assists member countries in CBDC exploration and capacity development.", "The seminar framed the IMF as playing a prominent role in supporting member country efforts on digital currency issues.", "**Central Bank Digital Currency (CBDC): A Global Perspective**", "**Digital Currencies and the Future of Monetary System (Apr.25, 2023) — Hiromi Yamaoka**", "**The Bank of Japan’s work on central bank digital currency**" ], "related": [ { "title": "Central Bank Digital Currency (CBDC): A Global Perspective", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/oap/oap-home/2023/dong-he-presentation-cbdc-oap-apr-25-2023.pdf", "summary": { "path": "/-/media/files/oap/oap-home/2023/dong-he-presentation-cbdc-oap-apr-25-2023.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/oap/oap-home/2023/dong-he-presentation-cbdc-oap-apr-25-2023.pdf", "mime": "application/pdf" } }, { "title": "Digital Currencies and the Future of Monetary System (Apr.25, 2023) — Hiromi Yamaoka", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/oap/oap-home/2023/hiromi-yamaoka-presentation-cbdc-april-25-2023.pdf", "summary": { "path": "/-/media/files/oap/oap-home/2023/hiromi-yamaoka-presentation-cbdc-april-25-2023.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/oap/oap-home/2023/hiromi-yamaoka-presentation-cbdc-april-25-2023.pdf", "mime": "application/pdf" } }, { "title": "The Bank of Japan’s work on central bank digital currency", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/oap/oap-home/2023/naoto-shimoda-presentation-cbdc-april-25-2023.pdf", "summary": { "path": "/-/media/files/oap/oap-home/2023/naoto-shimoda-presentation-cbdc-april-25-2023.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/oap/oap-home/2023/naoto-shimoda-presentation-cbdc-april-25-2023.pdf", "mime": "application/pdf" } } ], "alternates": { "markdown": "/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425/index.md", "json": "/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425/index.json", "bundleManifest": "/en/countries/resrep/oap-home/2023/asia-pacific-regional-seminar-0425/bundle-manifest.json" }, "generatedAtUtc": "2026-09-30T19:22:09.200Z" }