Morten Bech joined the BIS in mid-2011. Before taking up his current assignment in 2020, he was the head of the secretariat supporting the Committee on Payments and Market Infrastructures with responsibility for coordinating and contributing to the activities of the Committee and its various working groups. He has also served as Secretary to the Markets Committee. He previously worked for the Federal Reserve Bank of New York and the Danish central bank. In 2009, he was a visitor at the Monetary Affairs Division of the Federal Reserve Board in Washington DC. He holds a PhD in economics from the University of California, Santa Barbara. He has written on various issues relating to monetary policy implementation, money markets, the network topology of financial markets, large-value payment systems and systemic risk.
Roundtable Room 3, Ground Floor
Open
Project Agorá tests the hypothesis that a multi-currency settlement mechanism that leverages tokenization and programmability could mitigate inefficiencies and frictions in cross-border payments, making them faster, more transparent and safer.
To examine this, the Bank for International Settlements (BIS) and the Institute of International Finance (IIF) combined forces to convene seven central banks and over 40 international financial institutions to test the tokenization of commercial bank deposits and central bank reserves on a unifying ledger. The roundtable will bring together Project Agorá public and private sector participants to reflect on the project and lessons learned.