Central Bank Digital Currencies (CBDCs) and Investment Strategy Training Course

Introduction

This intensive 5-day training course offers a comprehensive and practical exploration of Central Bank Digital Currencies (CBDCs) and their profound implications for investment strategies. As central banks worldwide increasingly explore and pilot digital versions of their national currencies, understanding how CBDCs will reshape monetary policy, financial markets, and investment opportunities is becoming critical for investors and financial professionals. This program will equip participants with a deep understanding of CBDC design choices, their potential impacts on traditional banking and financial market infrastructure, and the strategic adjustments necessary to navigate this evolving landscape, from real-time payments to new asset classes.

The course goes beyond theoretical concepts, focusing on real-world applications, quantitative analyses, and the strategic considerations for integrating CBDCs into diverse investment portfolios. Through interactive case studies, discussions of global pilot programs, and insights into the evolving regulatory frameworks, attendees will learn to assess the opportunities and risks presented by CBDCs across various asset classes, including equities, fixed income, and potentially new digital assets. Whether you are a portfolio manager, wealth manager, treasury professional, or an institutional investor, this program offers an unparalleled opportunity to master the essential skills for adapting investment strategies to the age of digital currencies and positioning for future growth.

Duration: 5 days

Target Audience:

  • Portfolio Managers
  • Investment Analysts
  • Wealth Managers and Financial Advisors
  • Treasury Professionals
  • Institutional Investors
  • Risk Managers
  • Financial Regulators and Policymakers
  • Fintech Strategists

Objectives:

  • To provide a comprehensive understanding of Central Bank Digital Currencies (CBDCs) and their design principles.
  • To equip participants with the knowledge to assess the macroeconomic and financial stability implications of CBDCs.
  • To understand the impact of CBDCs on traditional banking, payment systems, and financial market infrastructure.
  • To develop proficiency in identifying new investment opportunities and risks presented by CBDCs.
  • To enable participants to adapt and formulate investment strategies in a CBDC-enabled financial landscape.

Course Modules:

Introduction

  • Defining Central Bank Digital Currencies (CBDCs): retail vs. wholesale CBDCs.
  • The motivations behind CBDC development: financial inclusion, payment efficiency, monetary policy effectiveness, financial stability.
  • Global landscape of CBDC exploration and pilot programs.
  • Key differences between CBDCs, cryptocurrencies, and stablecoins.
  • Overview of the course objectives and structure.

CBDC Design and Architecture

  • Account-based vs. token-based CBDC models.
  • Centralized vs. decentralized technical architectures.
  • Interoperability with existing payment systems and financial market infrastructures.
  • Privacy considerations and data protection in CBDC design.
  • Offline capabilities and resilience in CBDC systems.

Macroeconomic and Monetary Policy Implications

  • Impact of CBDCs on monetary policy transmission mechanisms.
  • Potential effects on interest rates, inflation control, and economic stability.
  • Role of CBDCs in enhancing financial inclusion and cross-border payments.
  • Implications for commercial bank deposits and lending capacity.
  • The debate around "digital dollarization" and international CBDC cooperation.

Impact on Financial Market Infrastructure (FMI)

  • CBDCs and real-time gross settlement (RTGS) systems.
  • Potential for faster and cheaper clearing and settlement of securities.
  • The role of CBDCs in atomic settlement (Delivery vs. Payment).
  • Disintermediation of traditional financial intermediaries.
  • Integration of CBDCs with DLT-based financial market infrastructure.

CBDCs and Investment Asset Classes

  • Equities: Impact on market liquidity, trading volumes, and settlement cycles.
  • Fixed Income: Potential for tokenized bonds and enhanced bond market efficiency.
  • Foreign Exchange: Streamlining cross-border payments and potential for new FX instruments.
  • Commodities: Facilitating instant settlement and tokenization of real assets.
  • New Digital Assets: Opportunities in tokenized securities and other programmable money instruments.

Strategic Investment Adjustments

  • Re-evaluating liquidity management in a CBDC environment.
  • Adapting portfolio construction to potential shifts in market dynamics.
  • Exploring investment opportunities in Fintech and digital infrastructure providers.
  • Assessing new risks: cyber risk, operational risk, and systemic risk associated with CBDCs.
  • Diversification strategies in a potentially CBDC-dominated landscape.

Regulatory and Legal Considerations for Investors

  • Evolving regulatory frameworks for CBDCs and digital assets.
  • Legal tender status and the legal basis for CBDCs.
  • Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements for CBDC transactions.
  • Taxation implications for holding and transacting with CBDCs.
  • International cooperation and regulatory harmonization for cross-border CBDCs.

Future Outlook and Strategic Planning

  • Projections for CBDC adoption and global integration.
  • The interplay between CBDCs, stablecoins, and private cryptocurrencies.
  • Long-term implications for the financial ecosystem and the future of money.
  • Developing an organizational strategy for CBDC readiness.
  • Case studies of early adopters and key lessons learned.

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Central Bank Digital Currencies (cbdcs) And Investment Strategy Training Course in Korea (Democratic People's Republic of)
Dates Fees Location Action