Lara Douglas

Director of Implementation

Financial Stability Board

View the agenda

Lara has been Director of Implementation at the Financial Stability Board since December 2025, following two years as a member of the Secretariat. In this role, Lara oversees the implementation monitoring projects of the FSB as well as the FSB’s work to coordinate the G20 Cross-border Payments Roadmap.

Prior to joining the FSB, Lara was a General Manager in the Banking division at the Australian Prudential Regulatory Authority, supervising a third of Australia’s banking system. She worked in the private sector for over 15 years in senior roles in large banks in the UK and Australia.

Lara has an MBA from Edinburgh University and is a graduate of the Australian Institute of Company Directors. Earlier in her career she was a qualified Accountant.

Speaking At

1:00–2:30pmMon 16 NovPublic-Private RoundtableRoundtable Room 1Invite-OnlyModerator
Global Frameworks, Interoperability & Shared Best Practices

Bilateral Linkages, Shared Multilateral Hubs, or Tokenized Instruments: Pathways to Improving Cross-Border Payments Connectivity

Public-Private RoundtableRoundtable Room 1Invite-OnlyModerator
About this session

Instant domestic payment systems already work and several countries have linked theirs bilaterally, cutting cross-border transfers from days to seconds at a fraction of the cost. But each new bilateral link involves its own negotiation, and multilateral alternatives have yet to go fully live.
Meanwhile, the G20's own 2027 targets for cost and transparency in cross-border payments are, on current trajectory, likely to be missed. The persistent blocker often isn't the payment rail at all, but mismatched technical requirements between jurisdictions that add friction regardless of which technology carries the transaction. What would it actually take to move from a growing patchwork of bilateral links to something that scales – or will the growing adoption of tokenized instruments for cross-border payments render these efforts obsolete?
This session explores the multiple pathways to achieving greater cross-border payments connectivity, from shared multilateral hubs, scaling up bilateral linkages, tokenized instruments, and alternative approaches developed by FinTechs to scaling instant cross-border payments connectivity. Participants will discuss the technical and commercial barriers to scaling instant payments connectivity; identify why current models have yet to deliver the G20 targets; discuss whether the KPIs themselves need redesigning to better capture end-user outcomes; explore the role of tokenized instruments as an alternative approach to solving the cross-border challenge; and determine the viable approaches to greater payments connectivity.
Insights from this discussion will help inform the Financial Stability Board (FSB) as it considers priorities for enhancing cross-border payments beyond 2027.
11:00am–12:30pmTue 17 NovPublic-Private RoundtableRoundtable Room 1Invite-Only
Sovereignty & Resilience

Trusted Data Collaboration for Safe and Resilient Financial Systems

Public-Private RoundtableRoundtable Room 1Invite-Only
About this session

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.

Speakers

Lara Douglas

Speaking At

Bilateral Linkages, Shared Multilateral Hubs, or Tokenized Instruments: Pathways to Improving Cross-Border Payments Connectivity

Trusted Data Collaboration for Safe and Resilient Financial Systems