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The world's biggest financial institutions and central banks are getting serious about a monetary system leveraging cryptocurrencies and the blockchain.
3 priorities to shape the post-pandemic financial system
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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Huw van Steenis, Senior Adviser to the Chief Executive Officer, UBS & Alice Law Shing-Mui, Deputy Chairman and Managing Director, Hong Kong Mandatory Provident Fund Authority
COVID-19 has sharpened the understanding that climate change could upend the financial system.
Digital transformation is particularly urgent for small businesses, which are the engine of most economies.
The pandemic has accelerated clients’ digital expectations and the need for technology investment.
The pandemic has exposed how unprepared many institutions were for one of the greatest global challenges in generations. Yet it’s also catalyzed a wartime footing of speed and ingenuity in response. Now we must bring those qualities to how we shape the post-pandemic global financial system.