Etay Katz appointed to Bank of England/HM Treasury Engagement Forum for Central Bank Digital Currency

Global law firm Ashurst's digital assets practice lead and chair of the bank industry sector, Etay Katz has been appointed to sit on the Bank of England ('BOE') and HM Treasury ('HMT') Engagement Forum for Central Bank Digital Currency ('CBDC').

Etay is a senior partner in our financial regulatory practice specialising in Fintech transformation, with a particular focus on capital markets, payments and financial market infrastructure. He advises a wide range of financial services clients on the impact of regulatory regimes on their operations and in particular on the implementation of strategic transactions and significant change projects. He has established himself as a leading authority in the area of digital assets transformation of global financial markets, advising on a number of landmark mandates, including the launch of a ground-breaking multi asset class digital platform by Goldman Sachs GS-DAP^TM and supporting leading trade associations, including AFME and ISLA, on significant DLT-related policy formulations.

Commenting on his appointment, Etay said, "I'm delighted to be joining the BOE/HMT CBDC Engagement Forum at what is an exciting and challenging time for the financial industry. Advanced technology is a major catalyst to reimagining financial markets in a way not seen in generations and I am committed to driving innovation to address good customer, public and industry outcomes. I look forward to using my knowledge and experience to support the work of the BOE and HMT on all aspects of digital money."

The CBDC Engagement Forum was set up to help the BoE and HM Treasury understand the practical challenges of designing, implementing and operating a CBDC following the UK government's consultation on a digital pound.