Keynote: "Adapting capital markets to the digital age" and Panel: "Connecting capital markets and corporate governance in a decentralised future"
Sep 23, 2021 | 1:00 PM - 2:30 PM
Sep 23, 2021 | 1:00 PM - 2:30 PM
Description
Blockchain and the decentralised structures that it enables have generated predictions of transformative impacts on both markets and corporate governance. This may be seen both in terms of efficiency gains for corporate governance practices, for example in relation to shareholder voting and trading, but also more broadly in the way companies are governed, such as through the emergence of Decentralised Autonomous Organisations (DAOs) and Decentralised Finance (DeFi). However, for all these predictions, other developments, notably relating to the COVID-19 pandemic, have arguably led to greater transformations so far for corporate governance than Blockchain has.
This session will start with a keynote from Anat Guetta, Chair of the Israel Securities Authority, describing insights from Israel’s experience in adapting its capital markets to the digital age. The panel that follows will assess why Blockchain has not had the envisioned impact on corporate governance yet, and what changes may still lie ahead. It will also investigate how corporate governance and capital markets more broadly are evolving in light of recent trends; the related challenges, risks and opportunities; and what policy-makers and regulators need to consider to better harness their potential benefits while minimising the risks.