We are pleased to invite you to our August Luncheon with Mr. Antoine Martin and Mr. Thomas Moser, respectively Member and Alternate Member of the Governing Board of the Swiss National Bank, who will use the opportunity of their official visit to Tokyo to share insights with the members of our business community.
The SCCIJ is delighted to welcome officials from the Swiss National Bank (SNB) for its August Luncheon. Following their previous visit to Japan in October 2022, the delegation will now discuss two important topics:
"Recent Economic Developments and Monetary Policy Decisions by Swiss National Bank"
Mr. Antoine Martin, Member of the Governing Board, will provide an overview of recent economic developments in Switzerland and around the world, and he will also discuss the recent monetary policy decisions taken by the Swiss National Bank. At the SNB’s most recent two quarterly monetary policy assessments, held in March and June 2024, the Governing Board reduced its policy rate by 25 basis points apiece. Antoine Martin’s presentation will highlight the factors that influence inflation in Switzerland and also explain the role of the Swiss Franc.
"Project Helvetia - SNB's Wholesale CBDC Project"
Mr. Thomas Moser, Alternate Member of the Governing Board, will talk about SNB’s wholesale central bank digital currency (wholesale CBDC) initiative. In the context of this initiative, labelled Project Helvetia, the SNB has been issuing wholesale CBDC as a settlement asset on the regulated SIX Digital Exchange (SDX) since the fall of 2023, utilizing distributed ledger technology. This allows digital (token-based) Swiss franc bond transactions to be settled directly in central bank money on SDX. With Project Helvetia, the SNB is playing a globally leading role in deploying wholesale CBDC in a live production environment.
| Date: |
Wednesday, August 21, 2024 |
|---|---|
| Time: |
12:00 – 14:00 (D.O. 11:45) |
| Location: |
The Tokyo EDITION, Toranomon (MAP) |
| Entry Fee: |
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| Registration: |
*FULLY BOOKED* |
| Concept: |
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| Disclaimer: |
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| Inquiries: |
By e-mail to info@sccij.jp |
Biographies of the Speakers:
Mr. Antoine Martin pursued undergraduate and graduate level studies in economics at the University of Lausanne and the University of Minnesota. After obtaining his Ph.D. degree, he began his professional career in 2001 at the Federal Reserve Bank of Kansas City. Four years later, he moved to the Federal Reserve Bank of New York, where he went on to assume various leadership positions, including at the Research and Statistics Group and the Money and Payments Studies Function. He was a Senior Vice President from 2016 to 2022 and Financial Research Advisor from 2022 to the end of 2023. With effect from 1 January 2024, the Swiss Federal Council appointed Antoine Martin as a Member of the Governing Board of the Swiss National Bank and also Head of Department III (Money Market and Foreign Exchange, Asset Management, Banking Operations, Information Technology, and the Singapore office).
Mr. Thomas Moser is Alternate Member of the Governing Board of the Swiss National Bank and Deputy Head of the SNB’s Department III. He is also a member of the Managing Committee of the Swiss Institute of Banking and Finance at the University of St. Gallen, a Visiting Professor at the University of Lucerne and a member of the Board of Directors of Orell Füssli Holding Ltd. From 2006 to 2009 he was Executive Director at the International Monetary Fund (IMF) in Washington, D.C., USA. Thomas Moser holds an MA and a doctoral degree in Economics from the University of Zurich.
