The Bank for International Settlements (BIS) Innovation Summit 2025, held from 9-11 September in Basel (and virtually), convened central bankers, regulators, academics, and tech leaders around the theme “Future-proofing central banks.” Key topics included integrating AI and quantum computing into monetary policy and compliance; how to enhance institutional agility amidst rapid technological change; cross-border cooperation in regulation; RegTech innovations; and financial infrastructure resilience. The Summit featured panels, fireside chats, technical roundtables, and debates highlighting both the promise and risks of emerging technologies in financial systems.
As financial systems are disrupted by AI, new computing paradigms, and global digital flows, central banks must adapt their regulatory, operational, and risk assessment frameworks. The Summit serves as a key platform for aligning standards, sharing best practices and shaping policy that ensures stability, consumer protection, and innovation go hand in hand.
The Reserve Bank of India (RBI) is a member of the BIS and uses this platform for alignment and collaboration on global financial issues.
Relevant Question for Policy Stakeholders: What regulatory frameworks and capacity-building measures are needed for central banks in India to responsibly adopt AI, quantum, and other emerging technologies while maintaining financial stability and public trust?
Follow the full news here: https://www.bis.org/events/bis_innovation_summit_2025/overview.htm
