Agenda

As digital money infrastructure matures, more institutions are converging on the same handful of providers for custody, reserves, and connectivity. This concentration brings real efficiency and security benefits but it also creates correlated risk: a single provider's failure, outage, or reserve issue can propagate across multiple institutions at once, often in ways that aren't visible until it happens.

This session brings regulators and industry together to examine what resilient design actually requires as tokenization scales and the market consolidates, across technical redundancy, structural safeguards, transparency of dependency chains, and governance during a shared-provider failure. This roundtable aims to produce a set of principles on where responsibility should sit across the chain(s).

As payment networks become increasingly connected, attention is shifting from interoperability in principle to interoperability at scale.

This concluding design thinking workshop will explore how commercial models and switch-to-switch connectivity can unlock seamless cross-border merchant payments, bringing together public and private sector stakeholders to co-create the next generation of interoperable payment infrastructure.

The session synthesizes all three workshops into an executable blueprint, delivering the capstone contribution to the policy Insights Report to be published by GFTN.

You may register your interest in the workshop here and we will be in touch.

Tokenisation in APAC has moved from pilots to production. The next frontier is connection: linking tokenised assets, payments, data and legacy financial systems across networks, currencies and jurisdictions. Join senior leaders from banking, asset management and market infrastructure for a closed-door exchange on turning tokenisation into measurable business impact — from broader distribution and faster capital velocity to more efficient collateral and new revenue. The discussion will examine why interoperability and trusted data are prerequisites for scale.

If you would like to be part of the discussion, please register your interest here, subject to approval.

Both MiCA, now under review in a second round of consultation, and MAS's draft stablecoin regulations, currently out for public consultation, were recently open to industry input. This session examines the proposed direction of each, where they converge and diverge, and what firms should be doing now to prepare and to engage. It is aimed at practitioners who want to influence the outcome as well as plan for it.

Stablecoins, real-time payment systems, AI-enabled commerce and traditional payment networks are increasingly interacting. As these technologies become more interconnected, new opportunities are emerging while questions around trust, resilience, accountability and regulatory oversight may become more complex.

This boardroom will explore how the convergence of payment systems may reshape the policy landscape. Through a discussion among policymakers, financial institutions, technology providers and payment innovators, the session will identify emerging opportunities and challenges that may require greater attention in coming years.

Session flow

9:00am – 9:15am

Registration & seating

Emcee: Timothy Young, Development Partner, Enterprise Singapore

9:15am - 9:25am

Welcome & Opening Remarks

Speaker: Wong Zeng Yi, Assistant Managing Director, Enterprise Singapore

9:25am - 10:15am

Panel: AI in Everyday Operations: What It Actually Took

Financial institutions are moving AI beyond experimentation and into their everyday workflows, but their approaches vary. Each institution must decide where AI can create meaningful value, what to build or buy, how to adapt its operating model and controls, and how to integrate new capabilities into complex legacy environments. The most useful lessons lie not only in what the technology can do, but also in the operational choices, trade-offs and changes required to deploy it responsibly and at scale.

This panel brings together two financial institutions and two technology builders to showcase how they are putting AI into production. Speakers will first share a high-level view of their approaches before illustrating them through concrete descriptions of live use cases: how workflows were redesigned, where integration and governance challenges arose, what changes were needed to support adoption, and what outcomes are emerging, before looking ahead to what they are building in the next 12 months.

Speakers: Holly Fang, President, Singapore Fintech Association (Moderator), Nacira Alioua, Head of Fintech Engagement, Emirates NBD, Christian Schneider, Cofounder and CEO, File.AI, Sanjay Uppal, Founder and CEO, Finbots, Gary Goh MD Group IT, Great Eastern, Lala Wang, Executive Director, Regional Head of AI Transformation, Group Ops Capability Centre, DBS

10:20am - 11:05am

Panel: AI on Both Sides: Fraudsters, Defenders and Securing AI-Enabled Services

AI is making scams cheaper, faster and more personalised, requiring financial institutions to strengthen how they prevent, detect and respond to fraud. This includes decisions around authentication and device trust, behavioural and transaction-level detection, information sharing across institutions and borders, liability where customers have authorised payments, as well as securing the AI-enabled services institutions put in front of customers. The most useful lessons lie in what has been deployed, what is working, and what institutions plan to build over the next 12 months, including their build-versus-buy choices.

This panel will explore these issues through avenues such as a fictional AI-enabled fraud simulation. Participants will receive information in stages and be polled on whether they would approve, hold or investigate a payment before speakers explain how they would respond and why. The discussion will draw out technology and integration considerations, including how institutions strengthen protection while keeping banking seamless for customers.

Speakers: Chia Tek Yew, Adjunct Professor/Advisor, AIDF (Moderator), Vincent Mok, Group Chief Risk Officer, GXS, Puneet Gambhir, Head of Risk, Grab, Dennis Martin, CEO, Advance.AI

11:10am - 11:55am

Panel: Quantum-Safe in Practice: Where Institutions Start, and Who They Build With

Most institutions accept that the move to quantum-safe security is coming. The harder questions are where to begin and who to build with. This panel focuses on practical and commercial considerations, including implementation pathways and the role of quantum-safe technologies, from post-quantum cryptography to quantum key distribution, in strengthening resilience across the financial sector.

The discussion will bring together two financial institutions and two quantum security builders to examine how these capabilities can be adopted in practice. Audience questions will be gathered live and put to the panel, allowing participants to shape the discussion around the implementation issues most relevant to them.

Speakers: Prof Charles Lim, Principal Investigator & Co-Founder, CQT & SQRT8, Dr. Robert Bedington, Co-founder & Chief Technology Officer, SpeQtral, Dr. Teik Guan Tan, Chief Executive Officer & Co-founder, PQCee, Cheryl Tanaja, SVP, Senior Quantum Commercialisation Manager, HSBC

12:00pm - 1:00pm

Networking

Stablecoins are gaining attention, but what will it take to move from industry enthusiasm to everyday adoption? This discussion brings together Global Dollar Network representatives from across the region to explore where the USDG stablecoin can deliver practical value across payments, trading and financial infrastructure, and what stands in the way.

Speakers will share perspectives on adoption barriers, operational challenges and opportunities for collaboration across Asia. Attendees will leave with a clearer understanding of promising use cases and what businesses need to consider when integrating stablecoins into their operations.

Financial institutions have moved beyond AI experimentation to early deployment across client engagement, operations, risk management, compliance and investment workflows. As adoption accelerates, the challenge is no longer whether to use AI, but how to embed it across the enterprise in ways that deliver measurable business value. Success will require more than technology deployment. It will depend on how institutions redesign workflows, develop talent, evolve operating models and integrate AI into day-to-day decision-making and execution.
 
Building on the momentum of PathFin.ai, which has engaged over 500 financial institutions and AI FinTechs, this roundtable brings together industry leaders to share lessons from AI adoption at scale. Participants will discuss how institutions are translating AI investments into productivity gains and business outcomes, preparing their organisations for increasingly agentic operating models, and balancing innovation with accountability, resilience and trust. The discussion will also explore the partnerships, capabilities and industry resources needed to accelerate enterprise-wide AI transformation across the financial sector.

What would it take to make cross-border payments an enabler of SME growth?

Six years into the G20 Cross-Border Payments Roadmap, high costs, slow settlement, and complex compliance requirements continue to hold small businesses back. Meanwhile, agentic AI, stablecoins and real-time payment networks are opening new possibilities for paying across borders. In the face of tariffs and fragmentation of trade, improving payments offers governments a practical way to support trade through domestic action.

Drawing on From Friction to Flow 2.0, a new Nextrade Group study of 1,100 SME importers across Brazil, Indonesia, South Africa and Thailand and dozens of policies shaping crossborder payments around the world economies, this workshop will explore where reform can make the greatest difference. The report’s Cross-Border Payments Enablement Index benchmarks 34 economies across six policy pillars, providing a roadmap for reforms that enable businesses to trade more effectively.

Participants will work with the findings to identify priority barriers and develop actionable, country-specific reform roadmaps. The focus: turning evidence into practical steps to reduce friction, improve payment flows and unlock opportunities for SMEs.

Advances in AI are enabling multiple intelligent agents to collaborate, make decisions and execute complex tasks with increasing autonomy. In financial systems, these capabilities could support new approaches to economic simulation, policy analysis, supervisory monitoring and increasingly autonomous operations.

While offering significant opportunities to enhance decision-making and system efficiency, they also introduce new questions around governance, validation, accountability, systemic behaviour and financial stability. This roundtable will critically assess these emerging capabilities, associate risks and examine the implications for central banking.

When an AI agent acts on your behalf, who is accountable if something goes wrong?

AI agents are beginning to make transactions, verify identities and take action without a person approving every step. This raises new questions for the systems we rely on to establish trust: How do we verify who, or what, is behind an agent? Who is responsible for its decisions? And how can trust standards work across borders when agents operate globally but regulation remains local?

This workshop brings together industry practitioners, an academic researcher and a global policy convenor to explore these questions through developments in commerce and compliance. Drawing on emerging approaches such as Know Your Agent frameworks, speakers will discuss where risks are appearing, how identity and accountability can be established, and what governance needs to look like as adoption grows.

The discussion will offer participants a clearer understanding of the emerging risks and the safeguards needed to build trust in the agentic economy.

Trusted cross-border data collaboration and analytics has useful applications in payments, addressing financial crime and helping central banks and financial authorities monitor systemic risk and enhance supervision. Privacy enhancing technologies have demonstrated good potential in enabling cross-institution data collaboration while preserving privacy, confidentiality and institutional control, but have failed to scale beyond pilots. This roundtable will examine emerging privacy-preserving technology applications in the financial sector and discuss the technological, governance and policy foundations required to scale trusted data collaboration.

One integration, multiple markets: who is responsible at each step of a cross-border payment?

Imagine a payment company serving customers across Asia and the Middle East. Funds are collected through a bank, converted into digital money, transferred across borders, and paid out in local currency.

Behind this seemingly seamless journey, who is authorised to perform each step? Who holds the funds, provides liquidity, manages foreign exchange, and carries out transaction checks? And who answers to the customer if something goes wrong?

Fuze will guide attendees through this illustrative payment journey, with representatives from a bank and a payment company, alongside a regulatory expert, examining the responsibilities, risks, and requirements at each stage.

Attendees will gain a clearer understanding of what to expect from infrastructure partners when launching new cross-border payment routes, and how local regulation and market access shape what can be delivered through a single integration.

The first wave of asset tokenization proved that funds, bonds and other assets can be represented digitally and transacted on-chain. Yet despite a growing number of tokenized products, adoption remains fragmented and concentrated in isolated use cases. The next challenge is not creating more tokenized assets, but making them useful. How can tokenized assets be mobilised as collateral, deployed in funding markets, transferred seamlessly across institutions, and integrated into liquidity and treasury operations?

Building on Guardian's work in tokenized collateral and tokenized funds, this roundtable explores how tokenized assets can evolve from investment products into operational instruments that support financing, margining, collateral management and liquidity optimisation. Participants will discuss the legal, regulatory and infrastructure enablers needed to unlock collateral mobility, the role of tokenized money market funds and sovereign debt instruments, and whether a more connected ecosystem can create the scale necessary for institutional adoption.

The GDF Global Stablecoin Regulatory Playbook, published in January 2026, set out shared terminology and outcome-based principles for stablecoin regulation across jurisdictions. The subsequent report ‘Global Stablecoin Regulatory Frameworks: Closing the Gap’ drawn from insights at the Point Zero Forum in June 2026 took this work a step further. It mapped where regulators already agree and isolated the one problem that domestic frameworks were never designed to solve: how a stablecoin issued under one jurisdiction's rules can circulate safely under another's.

The report framed two models for scaling beyond domestic rules. The first keeps issuance local while seeking to preserve a unified token, through multiple licensed entities issuing a fungible stablecoin under comparable standards. The second permits a foreign-issued stablecoin to operate through recognition based on comparable, rather than identical, regulatory outcomes. It also recorded differing regulatory perspectives on the perceived risk associated with multi-issuance, particularly correlated redemption pressure and the resilience of a stablecoin’s fungibility under stress.

The roundtable convenes policymakers, global standard-setters and industry leaders to examine how these models could operate in practice. When is multi-issuance necessary to meet host-jurisdiction objectives? When can unilateral or mutual recognition provide sufficient safeguards? Where a combination of the two is appropriate, how should responsibility for reserves, redemption, supervision and crisis management be allocated? The session will focus on the conditions needed to make each approach workable while preserving fungibility and avoiding unnecessary regulatory fragmentation.

Project Otto has brought together more than 25 GFIN financial regulators to explore how regulatory maturity can be measured across quantum security and quantum innovation. The resulting toolkit uses a framework built around observable and measurable regulatory parameters, structured around what  regulators say, what regulators do, and how regulators engage.

The toolkit provides a snapshot of global maturity trends, highlights areas where regulators are already making progress, identifies common capability gaps, and captures lessons from regulators' experiences in supporting both quantum security and emerging quantum innovation.

This roundtable marks the launch of the Project Otto Toolkit and seeks to move the discussion from maturity assessment to practical action. Bringing together regulators and industry participants, the session will explore:

\- Which regulatory activities have the greatest influence on industry awareness, investment, and preparedness.

\- Whether a small number of regulatory actions can drive disproportionate improvements in maturity and sectoral action.

\- What actions regulators, industry participants, and international networks such as GFIN should prioritise over the next 12 months.

\- How can regulators move from measuring quantum maturity to taking practical action that strengthens regulatory capability and supports industry readiness?

How can AI agents interpret regulation reliably when people already struggle to keep pace with its volume and complexity? Trusted agentic AI requires authoritative regulatory information organised so that people and machines can understand and use it consistently.

This is fundamentally a human-and-machine model. Machines can analyse regulation systematically and at scale, connecting findings to evidence. People contribute legal and institutional context, exercise judgment and remain accountable for consequential decisions. Neither should function in isolation: uncertainty and disagreement must be visible and escalated for human review.

This workshop will explore the regulatory data foundations needed to support this partnership. Participants will consider how shared ways of classifying rules and defining regulatory concepts could enable agents to retrieve the correct provisions, validate interpretations and cite authoritative sources—while reducing duplication for public authorities and global banks.

The discussion will examine different approaches to organising and governing regulatory information, including whether shared standards can enable interoperable systems without requiring a single global classification framework or central database. It will also consider how to preserve jurisdictional authority and institutional control.

Participants will gain a clearer understanding of how to combine machine scale and consistency with human context, judgment and accountability.

As trade and capital flows along Gulf–Asia–Africa corridors deepen, the question of what actually settles these transactions is moving from theory to practice. Stablecoins, tokenised deposits and next-generation payment networks are all vying to become the settlement assets of choice — each with distinct implications for liquidity, FX, interoperability and regulation.

Hosted by ADI Foundation, this invitation-only boardroom convenes central banks, commercial banks, settlement networks, stablecoin issuers and infrastructure providers for a candid, closed-door discussion on the plumbing of cross-border settlement. Participants will compare settlement models, examine the operational dependencies of corridor-scale adoption, and identify the regulatory conditions required for digital settlement to move from pilot to production across the Gulf, Asia and Africa.

Key Themes

The Settlement Asset — Stablecoins, tokenised deposits and the trade-offs between competing settlement asset choices.

Corridor Plumbing — Interoperability, FX, liquidity and cross-border payment connectivity across Gulf–Asia–Africa corridors.

Rules of the Road — Regulatory requirements and cross-border recognition needed for institutional adoption at scale.

What comes after the current digital asset cycle? New products, from TradFi perpetuals and prediction markets to tokenised assets, are testing where lasting demand lies, while trading, payments and lending converge across banks, brokers and global platforms. This invite-only session will convene a curated cohort of senior policymakers, supervisors and market leaders for a candid exchange on which products will endure, what turns token issuance into sustained liquidity, and how market structure and supervisory perimeters may need to adapt.

This workshop explores how shared intelligence, interoperable technology and cross-border collaboration can help combat scams and financial fraud while protecting financial inclusion.

The session will examine real-time fraud monitoring, AI-enabled scam detection and the challenges of protecting transactions across borders, jurisdictions and payment systems. It will also explore how shared taxonomies, neutral governance and responsible intelligence exchange can support coordinated responses.

Through an interactive exercise, participants will identify vulnerabilities in a cross-border scam scenario and propose coordinated interventions, exploring opportunities for industry collaboration.

Digital public infrastructure is scaling faster than the machinery meant to fix it when it fails. More than 36 countries have committed under the 50-in-5 campaign to design, implement and scale at least one DPI component by 2028, and in countries from Brazil to India, digital payments and digital ID already operate at population scale.

Volume brings problems: more transactions mean more errors, and society-scale systems create new attack surfaces. Instant interoperable payments mean the money is transferred within seconds, but once it leaves an account and reaches another, there is little that can be done. Transfer of funds could take place to the wrong person, through a mistake in the phone number that acts as the alias, or done under duress. The Global Anti-Scam Alliance found in 2025 that 57% of adults worldwide had experienced a scam and 23% lost money as a result. Yet redress has not kept pace. Of a number of DPI grievance mechanisms assessed recently, a minority met a minimum "liveness" threshold — a published policy with acknowledgment and resolution timeframes, an escalation path, at least two working complaint channels, and basic case-capture capacity.

That gap has consequences. Where liability for fraud is unassigned, harm falls between the cracks: the direct cause is an unknown malicious party, even though the system's speed and reach enabled the attack. And as DPIs start to link across borders, none of the existing mechanisms can follow a grievance from one jurisdiction to another.

This roundtable will explore the state of play for trust in DPI solutions, as well as emergent potential solutions being deployed around the world, and what trust frameworks for DPI will look like in the coming years, including the approaches for creating interoperable grievance redressal frameworks.

While AI is creating new opportunities across financial services, its effectiveness ultimately depends on access to high-quality and trusted data. Building on emerging open data sharing initiatives across the financial sector, this roundtable will explore how financial institutions can collaborate to unlock greater value from data while preserving privacy, security, and trust. Bringing together industry leaders, technology providers, AI practitioners, and policymakers, the discussion will examine practical approaches to data sharing, privacy-enhancing technologies, common data standards, and trusted data ecosystems that can accelerate AI innovation, enable the development of more capable and reliable financial AI models, strengthen risk management, and support the next generation of AI-enabled financial services.

As money becomes programmable, across central bank digital currencies, tokenized deposits, and stablecoins, a real question is emerging about where compliance should live: embedded directly in the asset as a rule that travels with it, layered on top through richer messaging and real-time screening, or enforced separately by whichever party touches the transaction last.

Players are all building credible but different answers in parallel, and none has converged on how these should interoperate across jurisdictions with different compliance regimes. The stakes are rising on every front — real-time cross-border settlement, tokenized securities, and increasingly, autonomous agents initiating transactions on their own — all of which need a compliance check at the moment value moves, not after. What would each of these approaches to programmable compliance actually need to interoperate, and which rules win when they conflict across borders?

Discussion questions:

1\.         Should compliance logic live in the asset itself, in the messaging/settlement layer, or in a separate real-time screening service, and does the answer change depending on whether it's a CBDC, a tokenized deposit, or a stablecoin?

2\.         When a transaction crosses borders, whose compliance rule actually governs — sender's jurisdiction, receiver's, or the rail's — and what happens when they conflict?

3\.         Retrofitting compliance onto existing settlement infrastructure and building it in from scratch are both live strategies right now — what would each need to prove to become the default, and is convergence between them actually possible?

4\.         As more transactions — including those initiated by autonomous agents — require a compliance check the moment value moves, what are the minimum interoperability standards needed for rules to actually travel with money across rails?

Spotlight on Merchant Payments

Featuring 2C2P, Airwallex & Amazon

Explore the opportunities and challenges shaping merchant payments through a series of practical sessions with industry leaders. From expanding across Southeast Asia and navigating AI-driven commerce to building trust in international markets, discover insights and strategies to help businesses grow.

1:30pm–1:50pm | The SEA Payment Growth Playbook

Powered by 2C2P

Many merchants are already operating across Southeast Asia. The next challenge is not entering the market, but growing within it. This conversation explores how merchants decide which local payment methods, wallets, QR and account-to-account rails are actually worth supporting — and what payment localisation really does for customer acquisition and conversion.

\- Which payment methods actually move conversion?

\- Cards vs wallets vs QR vs A2A

\- How much localisation is enough?

\- National switches and domestic rails

\- Pay-in vs pay-out considerations

\- Cost/complexity of adding another payment method

\- What merchants should prioritise in their next growth market

1:50pm–2:10pm | When AI Agents Take Action: From Shopping to Business Finance

Powered by Airwallex

As AI agents begin to make purchases on customers' behalf, merchants face new questions: how can they verify that a purchase is authorised, manage fraud and disputes, and reduce false declines? Within the business, using agents to manage money raises similar questions about access, permissions and accountability.

This discussion examines both sides, exploring what merchants should check about customer consent, the payment credential, transaction controls and human oversight before enabling agents to transact with customers or act on business finances.

2:10pm–2:30pm | Coming Soon

Speaker and topic to be announced

2:30pm–2:50pm | The Role of Trust in International Expansion: Why Public Policy Matters in Going Global

Powered by Amazon

Going global involves more than reaching new customers. Merchants must also navigate regulations, consumer protection and trust across different markets. This session explores why public policy matters in cross-border expansion and how businesses can build the confidence needed to grow internationally.

Tokenisation, stablecoins and digital assets are changing how financial assets can be issued, held and transferred. But what do these developments mean for family offices and long-term investors? Where are the practical opportunities, what risks remain and how should investors distinguish genuine innovation from speculation? A discussion of the developments that matter most for private capital and how investors can evaluate their relevance to portfolios.

SMEs in developing economies face a financing gap of about US$5.7 trillion, and it is growing faster than the economies themselves. Supply alone will not close it. Policy, data and market infrastructure must develop alongside it.

This roundtable brings ministers responsible for SMEs together with leaders from payments, fintech, banking and development finance. It looks at three questions:

• Which cross-border payment and trade-finance rails would help SMEs sell abroad?
• How can governments crowd in private lending at scale?
• What role should the public sector play in enabling digital lending, including alternative data and AI credit scoring?

As a Singapore stop on the Road to Geneva, the discussion will produce priorities for the 2nd Global SME Ministerial Meeting in May 2027 and for the SME Trade Finance Facility.

Stablecoin regulatory frameworks around the world are now taking shape in parallel. Each is coherent on its own terms, but together they raise a broader question: how does a stablecoin authorised in one jurisdiction gain acceptance in another? Where do requirements collide, can there be interoperability without recognition, and where are practical bridges realistic?

If you would like to be part of the discussion, please register your interest here, subject to approval.

Financial innovation is moving beyond the adoption of individual technologies towards an interconnected architecture in which AI systems can increasingly make or support financial decisions, tokenised assets and rights can be understood and operated by software, and digital forms of money can enable programmable, near-real-time settlement.

These developments are largely being considered through separate policy and regulatory frameworks. This closed-door boardroom will examine what changes when intelligence, assets and settlement begin to converge, and whether existing approaches to accountability, financial regulation, market infrastructure and cross-border coordination remain fit for a financial system that is becoming increasingly machine-operable.

If you would like to be part of the discussion, please register your interest here, subject to approval.

A hands-on learning experience in conjunction with the Decoding Digital Assets: Digital Money, Stablecoins and the Future of Financial Infrastructure programme. Facilitated by former policymakers, the exercise will focus on building a supervisory roadmap for digital assets. It will provide public-sector officials a practical understanding of the roadmap a supervisor follows to prepare to oversee digital assets, from setting the mandate and perimeter, through building the team and tools, to authorising, supervising and, where needed, intervening in firms. After a grounding in the key components of a supervisory roadmap, participants apply this to a single, realistic case. A facilitated debrief distils common choices, trade-offs and points participants can take back to their own jurisdictions.

Attendance is strictly limited to government, regulatory, and public-sector officials to preserve candid, peer-to-peer dialogue. Register your interest with your official institutional email: https://forms.gftn.co/ddascenarioexopenrsvp

As institutional digital asset adoption accelerates, the share of tokenized assets under management which banks, payment firms, and crypto brokers have to protect is growing. This is a paradigm shift for the entire ecosystem - policymakers, supervisors, crypto-native firms whose AUMs are growing, and TradFi firms who face new operational resilience risks. Meanwhile, technologies such as AI are changing both the velocity and sophistication of attacks, and the speed and effectiveness of safekeeping.

Singapore’s MAS, similar to EU, UK, US and APAC peers, is raising the bar on technology risk management. TRM and TPRM proposed changes would strengthen mandatory controls for cryptographic assets, security monitoring and incident recovery, while expanding requirements beyond outsourcing to broader third-party arrangements, reporting and oversight.

Join Fireblocks for a hands-on masterclass on supervising cyber risk, implementing resilient Multi-Party Computation (MPC) and Hardware Security Module (HSM) key management and onchain threat monitoring. Learn how leading institutions address single points of failure and defend onchain operations.

This invitation-only roundtable will bring together senior leaders across finance, regulation, technology and financial inclusion to examine accountability for scam prevention, intervention and recovery.

Using a hypothetical scam scenario and insights from Tazama’s real-time financial crime monitoring experience, the discussion will explore how shared intelligence, AI and advanced analytics can strengthen coordinated defences while keeping protection affordable and accessible, particularly in emerging markets. It will also consider the governance and interoperability frameworks needed to support collective action.

Held under the Chatham House Rule, the session will draw on perspectives from Tazama, Mastercard, Mojaloop Foundation, Feedzai and OFTA, with the aim of identifying practical priorities for continued collaboration.

How does a successful entrepreneur turn business wealth into an institution that can endure across generations? A leading family-office principal shares the decisions behind building and institutionalising a family investment operation, from moving beyond the original business to establishing investment capabilities, governance and a long-term strategy. What prompted the transition, which decisions proved most difficult and what would they do differently today?

What does it take to build a commercially successful AI company? A founder shares the journey from identifying an opportunity to attracting customers, raising capital and scaling the business. Which assumptions proved wrong, what were the toughest decisions and how did the company overcome its biggest setbacks? An inside look at the commercial realities behind AI investing, and what investors should understand when evaluating companies at different stages of growth

Tokenized money is going plural — stablecoins and tokenized bank deposits are both moving toward live enterprise use in 2026, but they hold their value at par through different mechanisms, and each faces a different test under stress. Stablecoins hold par through reserves and redemption, now being formalized by 2026 rulemaking, from the GENIUS Act to MiCA; under stress, the question is whether reserves and redemption queues hold up in a run. Tokenized deposits hold par through the existing two-tier banking system and a central bank's guarantee of convertibility, but scale through interbank plumbing that's still being decided — settlement-bank arrangements or shared platforms. Under stress, the question there is whether that plumbing, and the counterparty exposure it creates, holds up if a bank or a platform fails.

As regulators and participants warned at the Point Zero Forum, the open question is whether convertibility at par survives a crisis in practice, on any of these rails. This session asks what needs to be built at each stage — reserve or capital backing, custody or bank participation, secondary-market trading, and cross-ledger settlement — for that convertibility to hold under stress. It puts reserve-backed and deposit-backed models on equal footing: where each is already resilient, where each is still exposed, and whether a fragmented rails landscape is itself becoming the bigger risk to singleness than any one model's design.

Globally, regulators are each moving ahead with their own AI governance tracks, ranging from voluntary frameworks to draft legislation and sector-specific rules. This growing regulatory fragmentation, if not managed well, could raise the compliance burden for regional fintechs and banks, and ultimately undermine broader goals of achieving integrated digital markets, with multinational financial institutions having to account for different risk-classification, testing, and disclosure regimes in their AI use-cases.

Using Southeast Asia as a case, this roundtable takes stock of how ASEAN member states regulate and supervise AI in financial services, and where closer alignment is within reach. Participants, including ASEAN central banks, banking associations, and regional financial institutions, will discuss the most pressing near-term opportunities to leverage and challenges to address.

Roundtable outputs will feed into efforts to build a long-term implementation roadmap to facilitate greater alignment across AI governance in ASEAN, with lessons relevant to any region working to bring AI rules closer together.

Financial system resilience used to mean strong network security and clear regulation. Both are getting stronger — payment networks are tightening technical standards, and regulators are building oversight of critical infrastructure and third-party risk.

But the newest emerging risks don't fit neatly into either category, from quantum computing, which will eventually break the cryptography most financial infrastructure still relies on, and frontier AI models, which threatens to reshape both sides of the security equation — generating fraud that exploits trust and speed, and finding and exploiting technical vulnerabilities faster than traditional defenses were built to handle. Both demand action well before the risk fully materializes. This session brings together infrastructure providers, technology firms, and regulators to discuss what's still missing from how the industry prepares for risks that haven't fully arrived yet.

As substantial wealth passes from one generation to another, the priorities of families and their expectations of the institutions serving them are changing.

While first-generation wealth creators have often prioritised control and preservation, their successors may place greater value on time, convenience, technology and different forms of financial advice.

How will the next generation approach investment decisions, risk and governance?

How can families prepare successors to assume responsibility for wealth, and what must private banks, family offices and advisers do to remain relevant as relationships and decision-making authority change hands?

The next 24 months could compress a decade of change. For corporate leaders, the opportunity is not simply to understand new technology — it’s to determine where it may help strengthen resilience, accelerate growth and inform decision-making across the organisation.

Analysts estimate that agentic AI and quantum computing could unlock more than $1 trillion in value by 2035. Join us for a 2.5-hour executive session designed to help you translate emerging capabilities into practical business outcomes. We’ll examine whether trust and security, rather than technology alone, may become key constraints and why this may require action now.

You’ll explore the foundations of trust in agentic commerce: from agent identity, permissions and human-in-the-loop design to evidence trails designed to support auditability. Learn how robust controls, accountable human judgement and collaboration across regulators, industry partners and the wider ecosystem can support the safe deployment of autonomous commerce at scale.

We’ll then examine how connected banking may help your business move money, trade and grow internationally. Gain practical insight into where digital money, tokenisation, digital assets and currencies could fit within your operating and treasury flows. We’ll explore how unified connectivity can help your organisation make better decisions and serve customers more effectively.

Throughout the session, we’ll explore how AI, modern platforms and emerging digital rails can support relevant, real-time experiences at scale, with a focus on customer trust, human accountability and responsible decision-making.

3:30pm - 3:40pm

Welcome & Opening Primer: The Case for Urgency

Speaker: Manoj Dugar, Managing Director and Head of Asia, ex Greater China, Global Payments Solutions, HSBC

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3:40pm - 4pm

Resilience in 2028: When AI and Quantum Redraw the Risk Map

The Agentic AI revolution, driven by the latest frontier models, and quantum computing are on track to unlock over $1 trillion in economic value by 2035. But both these frontier technologies are simultaneously redrawing the risk and resilience paradigm. Join this keynote to learn how institutions should approach these technologies as a 2-year resilience mandate, not a 5-year research project.

Speaker: Robert Oates, Chief Risk and Compliance Officer, Singapore, HSBC

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4pm - 4:30pm

Automated, Always-on and Real Time: Governing Commerce in the Agentic Decade

Autonomous agents will soon be initiating and settling commerce and treasury transactions on behalf of corporates and institutions – the practical question is whether the right guardrails are in place before adoption scales. Our panellists will share how they’ve applied regulatory principles in practice through a proof of concept, including a walkthrough of what was tested and the controls underpinning it. They’ll explore what make agentic AI in payments trusted, from agent identity and permissions to human-in-the-loop design, segregation of duties and evidence trails that stand up to policy and audit scrutiny.

Speaker(s): Koh Tze Yong, Lead Solutions Architect, AXS, Patrick Sze, Chief Technology Officer, Green Link Digital Bank, Dr. Maxim Afanasyev, Financial Services Industry Lead for JAPAC, Global Strategic Industries, Google Cloud, Kenneth Gay, Chief Fintech Officer, Monetary Authority of Singapore (MAS), Gary Liu, Co-Founder & Chief Executive Officer, Terminal 3, Amber Henderson-Smart, Global Head of Client Connectivity, Global Payments Solutions, HSBC, Jessie Saw, Head of Product Management, Global Payments Solutions, HSBC (Moderator)

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4:30pm - 4:35pm

Break

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4:35pm - 5:05pm

Digital Money in Practice: Choosing the Right Asset for your Flows

Within 5 years, corporate treasurers are likely to hold a portfolio of digital money forms, not just one – their success will depend on building that fluency now, not when the choice is forced on them. Specialists will decipher where tokenised deposits, stablecoins and existing rails genuinely fit – and where they do not – using real corporate flows.

Speaker(s): Lewis Sun, Global Head of Digital Currencies, Global Payments Solutions, HSBC, Selene Chong, Global Head of Digital Assets, Corporate and Institutional Banking, HSBC

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5:05pm - 5:20pm

One Connection, Every Channel: Connectivity as the Control Plane 

As agents, data, and ERPs coincide – simplified connectivity across channels will be the true enabler behind the flows. Speakers will explain how innovative connectivity links ERPs, bank channels and emerging agentic tools so data, approvals, execution and confirmation are joined up end-to-end.

Speaker: Amber Henderson-Smart, Global Head of Client Connectivity, Global Payments Solutions, HSBC

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5:20pm - 5:50pm

Trade Without Hand-offs: Event-Driven Working Capital 

Trade specialists will explain where trust breaks today in the trade cycle – status ambiguity, data quality gaps, manual hand-offs and counterparty friction. By re-imagining trade, our speakers will illustrate how connected data plus execution can help address these issues immediately. The session includes the launch of HSBC TradeCash.

Speaker(s): Tze Tze Lee, Global Head of Documentary Trade, Global Trade Solutions, HSBC, Vinay Tiwari, Head of Product & Propositions, South East Asia Cluster, Global Trade Solutions, HSBC

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5:50pm - 6:00pm

Closing Synthesis – Connecting the Dots: Your Institution's Next Move 

A crisp synthesis of the day’s takeaways – what’s real, what’s next, and what requires action now. We’ll close with sharing of practical 12 month roadmap: priority use cases to pilot, key trust/control guardrails to lock in early, and the collaborations and operating model shifts needed to move from insight to execution.

Speaker: Ruby Ho, Managing Director and Head of Markets and Securities Services, ASEAN, HSBC

The white-collar skills that have historically lifted millions out of poverty across emerging economies are now facing disruption from AI. In the Philippines alone, the ILO estimates that more than a quarter of the workforce — some 12.7 million workers — holds jobs at risk of being displaced by AI automation. Most of these roles will be transformed rather than eliminated outright, but the shift is already reshaping what "job-ready" means for graduates and mid-career workers alike.

This roundtable brings together policymakers, regulators, educators, and industry leaders to confront the anxiety facing today's fresh graduates and mid-careerists, many of whom were trained for a job market that is changing faster than their curricula can keep pace with. Panelists will chart the policy interventions, employer strategies, and new models of education that will define career pathways for the next generation of workers in emerging economies.

The future of digital commerce will depend on trust. Led by Rajat Taneja, President of Technology at Visa, this executive roundtable will examine how advances in AI, identity, cybersecurity, and quantum-safe technologies are reshaping the foundations of trust in the digital economy. The discussion will focus on what it will take to build resilient, secure, and trusted systems in an increasingly autonomous world.

If you would like to be part of the discussion, please register your interest here, subject to approval.

Cross-border payments are rapidly becoming interoperable: a traveller can now pay abroad with the wallet they already trust. Yet that very success has turned connectivity into table stakes rather than a source of margin — and it has exposed the next gap. Money moves across borders; the services built on top of it largely do not.

At the same time, wallet and banking platforms across the region are all moving into services beyond payments — ordering, booking, loyalty, credit and merchant tooling — each building its own ecosystem, largely from scratch, and each confined to its own market. Merchants, meanwhile, are asking for reach without rebuilding for every market they enter.

This boardroom starts from what institutions have actually shipped, then tests what it would take for the service layer to interoperate the way payments now do: what participants would open, what they would need in return, and which commercial, risk and regulatory conditions would have to hold. It is structured so that participants state the principle of reciprocity in their own words, before anyone in the room proposes a model to them.

If you would like to be part of the discussion, please register your interest here, subject to approval.

Financial institutions are rethinking how they deliver investment access and advice - white-labelling digital wealth platforms, embedding investment and structured-product capabilities, and applying AI and specialised intelligence to advisory, portfolio and risk workflows. The challenge is moving these capabilities from promising propositions to resilient, governed operating models that create value for both institutions and clients.

This closed-door Boardroom will convene senior leaders from banks, wealth managers and Singapore’s wealthtech ecosystem to examine what is genuinely achieving institutional adoption, what institutions should build or retain in-house, and what it takes for a platform provider to become a trusted long-term partner across the region. The discussion will focus on practical requirements around integration, suitability, governance, explainability, operational resilience and commercial sustainability.

India’s expanding capital markets, banking sector and digital financial infrastructure are creating new opportunities for investment, innovation and economic growth. Leading regulators, bankers and fintech entrepreneurs examine how regulatory reforms, financial-sector development and digital payments are strengthening India’s investment proposition. The discussion will also explore how next-generation financial infrastructure, open networks and interoperable financial systems can unlock new opportunities, expand financial inclusion and enable innovation at scale.

Sovereign, institutional, private equity and impact investors from Singapore and around the world, both those already active in India and those assessing entry, share their experience of returns, exits, partnerships and challenges, and where their next commitments will go. The discussion will examine how investors weigh opportunity against risk across public and private markets, what shapes their allocation decisions, and what would encourage larger long term commitments.

Hosted by GFTN partner, Wise Platform - the infrastructure powering global cross-border payments for banks, financial institutions, and enterprises worldwide - this private evening reception brings together APAC’s leading voices in payments at KOMA, Marina Bay Sands. Connect with senior peers, exchange perspectives on the evolving financial ecosystem, and unwind over drinks in a relaxed setting. Space is limited so please register with the link below.

Register here.

Venue: KOMA Singapore, The Shoppes, #B1-67