CSS
PROGRAMME
(Thursday, 8 June 2023)
Opening Session
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Welcoming Remarks and Launch of Bilateral Cross-Border Payment Linkages 
Tan Sri Nor Shamsiah Mohd Yunus |
Panel Session 1: Digitalisation in Payments
Going Digital with Confidence in an Innovative Landscape
| The use of digital payments has accelerated in recent years as customers seek faster, cheaper, and more seamless modes of payments. These benefits are not only being enjoyed in the domestic market but have also extended to cross-border payments with ASEAN being a hive of activity. Alongside this development, the risks posed by fraud and cyber threats on digital payment transactions have also heightened. The session aims to dissect the direction for digitalisation in payments over the coming years and what more can be done by financial institutions and authorities. This is while managing the risks that may threaten public confidence in digital payments. | |
| Panellists: |
Mr. Suhaimi Ali 
Mr. Farhan Ahmad 
Mr. Alan Ni 
Ms. Kalyani Nair |
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| Moderator: |
Mr. Qaiser Iskandar Anwarudin |
Panel Session 2: Economy
A Vision for Social Protection
| Social protection is a vital component of any government’s policy toolkit to address issues faced by vulnerable groups. This is further underscored by experiences during the COVID-19 pandemic, where these types of policies were vital during the imposition of Movement Control Orders. This session aims to discuss the key gaps in Malaysia’s delivery of social protection and the potential for reforms to ensure it can sustainably and effectively address the needs of vulnerable groups both in the present and future. | |
| Panellists: |
Mr. Fraziali Ismail 
Dr. Matthew Dornan 
Ms. Hawati Abdul Hamid 
Dato' Dr. Hartini Zainudin |
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| Moderator: |
Mr. Idwan Suhardi Hakim |
Panel Session 3: Sustainability
Transitioning Towards a Greener Economy
| Decarbonisation of our economy and efforts to build climate resilience presents various opportunities and challenges. This session will discuss ways in which the financial sector and businesses are transitioning and serves as a platform for sharing of knowledge and experience as Malaysia transitions towards a greener economy. | |
| Panellists: |
Dr. Norhana Endut 
Datuk Koong Lin Loong 
Ms. Luanne Sieh 
Datuk Ir. Megat Jalaluddin Megat Hassan |
|---|---|
| Moderator: |
Ms. Madelena Mohamed |
Panel Session 4: Monetary Policy
Demystifying Monetary Policy: Key Considerations and Challenges
| Over the past year, global central banks have sharply tightened their monetary policies to address the high and persistent inflationary pressures, following the strong recovery in labour markets, strengthening demand and elevated cost pressures. In doing so, the key challenge is balancing the objectives of price stability and supporting growth amid lingering uncertainties, such as the ongoing geopolitical conflicts and fragilities in the global financial system. Complicating the picture, it is being heavily debated whether higher interest rates is the suitable tool in addressing price pressures, or even whether they are exacerbating burdens faced by the public. | |
| Panellists: |
Mr. Fraziali Ismail 
Mr. Firdaos Rosli |
|---|---|
| Moderator: |
Professor Özer Karagedikli |
Panel Session 5: Islamic Finance
Islamic Finance: Global Connectivity and Innovation
| This session aims to highlight key developments in Islamic finance industry including roles of the MIFC Leadership Council, its progress and ongoing initiatives. In addition, the discussion will cover the roles of the Centralised Shariah Advisory Authorities in promoting harmonisation of Shariah rulings between Malaysia and other jurisdictions as well as its future direction. Panellists will also dissect the key challenges in Islamic finance development arising from over-reliance of current practices on certain Shariah contracts. | |
| Slides: | Download |
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| Panellists: |
Datuk Abdul Rasheed Ghaffour 
Tan Sri Azman Mokhtar 
Prof. Dr. Ashraf Mohd Hashim 
Mr. Mohd Muazzam Mohamed |
| Moderator: |
Ms. Nurul Izza Idris |
Panel Session 6: Ringgit
Navigating Ringgit Exchange Rate Dynamics
| In 2022, the ringgit experienced a period of sustained depreciation against the US dollar. While small movements in the ringgit exchange rate are common, large fluctuations in the level can create lasting impact for businesses, households and the economy. This discussion aims to cover on the importance of a flexible exchange rate to the economy and also exchange rate pass through to inflation in Malaysia, and development of the onshore market over the years. | |
| Slides: | Download |
|---|---|
| Panellists: |
Mr. Adnan Zaylani Mohamad Zahid 
Ms. Sylvia Wong |
| Moderator: |
Mr. Mohamad Ali Iqbal Abdul Khalid |
Panel Session 7: Financial Services
Driving Insurance & Takaful Digitalisation: A Digital Motor Claims Journey
| In 2022, BNM continued to call on general insurers and takaful operators to improve customers’ claims experience and outcomes by going digital, in line with aspirations set out in the Financial Sector Blueprint 2022-2026 (the Blueprint). This includes implementation of digital roadside assistance, towards achieving three desired outcomes -- timeliness, transparency, and transformative customer experience. Going forward, BNM will continue to engage and collaborate with key stakeholders to pursue key initiatives outlined in the Blueprint. | |
| Panellists: |
Mr. Suhaimi Ali 
Mr. Wilson Beh 
Mr. Puneet (Pasha) Pasricha 
Dr. Saravanan Thambirajah |
|---|---|
| Moderator: |
Ms. Lau Chin Ching |
