China’s CBDC and International Landscape
Central bank digital currency (CBDC) is a game changer for the economy in digital era. As a fiat currency, CBDC affects numerous actors ranging from commercial banks and other businesses to households. It brings new issues, including data regulation and a new CBDC ecosystem that will profoundly affect business practice and even daily life. China is likely the first major economy to issue CBDC. An increasing number of countries are also exploring CBDC. This event will discuss cutting-edge issues. For instance, what is the future of CBDC? How would it likely affect banks, other businesses and the public? How would market players engage with it? What would the international landscape look like after its official launch?
Professor Deborah HealeyModerator
Professor Deborah Healey, Professor at UNSW Law & Justice and Co-Director of UNSW Law’s Herbert Smith Freehills CIBEL Centre. She teaches courses in Competition Law at undergraduate and postgraduate levels, and a comparative competition law course Global Issues in Cocmpetition Law and Policy (which focuses on jurisdictions including China). She has developed a course in Asian Competition Law which she teaches with other regional experts, and also teaches Australian Consumer Law. Deborah's current research focus is on competition law, particularly the Anti-Monopoly Law of China, but also Singapore and Hong Kong. Deborah is also a well-known sports lawyer, who has developed and teaches in number of sports related commercial courses in the LLM programme, as well as researching and writing in the area.
Dr Xie Wen
Xie Wen graduated from National University of Singapore with a Ph.D degree in Industrial and System Engineering. She joined Standard Chartered Bank in 1997 and now is in her current role as Co-head of Client Coverage, Corporate, Commercial & Institutional Banking China. She is widely respected within the banking industry as an experienced banker and a risk management expert with outstanding leadership and execution capabilities. Xie Wen is dedicated to building a technology-led cross-border financial platform, providing corporate and institutions with international high-quality financial services, and making Standard Chartered China the preferred international bank and financial partner of corporate and institutional customers.
Mr Wouter Bossu
Wouter Bossu currently serves as Senior Counsel for the Legal Department of the International Monetary Fund (IMF). He is of Belgian origin and holds degrees in law (Leuven) and business administration (Louvain-la-Neuve). Prior to joining the Fund, he worked for the legal departments of the Belgian and the European Central Banks. His specialties are the legal frameworks of central banking, financial markets and financial stability.
Professor Heng Wang
Professor Heng Wang is co-director of Herbert Smith Freehills China International Business and Economic Law (CIBEL) Centre, UNSW Law & Justice. Heng was named Australia's research field leader in international law by The Australian newspaper’s Research 2020 magazine. He has been a recipient of major awards and grants. His work explores the future of international economic development, often from Chinese and regional perspectives. His present focus is on law and technology particularly central bank digital currency. He has advised or spoken at events organized by international organizations and institutions (e.g., APEC, BIS, ICC, UNCITRAL, WTO), and the private sector. He is regularly interviewed by the media.
Professor Wei Shen
Wei Shen is a KoGuan Distinguished Professor of Law at Shanghai Jiao Tong University Law School. Prior to teaching at the law school, Professor Shen practiced in major US and UK firms in Shanghai, Chicago and Hong Kong for a decade primarily assisting multinational clients in their Chinarelated transactions such as foreign direct investment, private equity, mergers and acquisitions, project finance and commercial arbitration. He is now teaching international investment law, international financial regulation, company law, international economic law and contract law in the law school. Professor Shen’s current research interests include international investment law, corporate governance, financial regulation, and international commercial arbitration.