2009 Money and Payments Workshop: Payment Systems in a Changing Financial Environment

Agenda

Agenda

Friday, October 2, 2009

8:30 a.m.	Breakfast

8:50 a.m.	Opening Remarks

9:00 a.m.	Liquidity-Saving Mechanisms in Collateralized RTGS Payment System Antoine Martin, Federal Reserve Bank of New York (joint with Marius Jurgilas) Discussant: Tomohiro Ota, Bank of England

10:00 a.m.	Interlinkages between Payment and Securities Settlement Systems David Mills, Federal Reserve Board (joint with Samia Husain) Discussant: Gara Afonso, Federal Reserve Bank of New York

11:00 a.m.	Coffee Break

11:15 a.m.	SEPA, Efficiency, and Payment Card Competition Wilko Bolt, De Nederlandsche Bank (joint with Heiko Schmiedel) Discussant: Emilio Calvano, Harvard University

12:15 p.m.	Lunch

1:30 p.m.	Offshore Settlement, Collateral, and Interest Rates Charles Kahn, University of Illinois Discussant: Cyril Monnet, Federal Reserve Bank of Philadelphia

2:30 p.m.	Optimal Central Counterparty Risk Management Philipp Haene, Swiss National Bank (joint with Andy Sturm) Discussant: Francesca Carapella, Federal Reserve Board

3:30 p.m.	Coffee Break

3:45 p.m.	Central Bank Haircut Policy James Chapman, Bank of Canada (joint with Jonathan Chiu and Miguel Molico) Discussant: Borghan Narajabad, Rice University

4:45 p.m.	Reception