At this program sponsored by the DC Bar, Special Counsel Petal Walker will moderate a discussion between Partner David Cohen and four other real-time payment systems experts.
Central banks at several other countries (UK, Australia, Japan) have implemented real-time payment systems to provide immediate access of funds to its citizens. The US Federal Reserve is in the process of following suit. This program, sponsored by the FinTech Regulation & Enforcement Committee and Banking and Financial Institutions Committee of the DC Bar Corporations, Finance and Securities Law Community, will explore the status of this effort and the legal, policy and cross-border implications of the establishment of this new system. In addition to Ms. Walker and Mr. Cohen, the speakers will include Harish Natarajan, senior payment systems specialist of finance, competitiveness & innovation at The World Bank; Gavin Smith, senior counsel at the Federal Reserve Board; Ian Spear, manager of retail payments reserve bank operations and payment systems at the Federal Reserve Board; and Amy Zirkle, vice president of industry affairs with the Electronic Transactions Association.