Shows
SEACEN PodcastSEACEN Podcast S6 Episode 3 with Jayzle Ravelo, Bangko Sentral ng PilipinasThis episode of the Podcast explores the origins and development of the SEACEN Leadership Competency Framework under the expert guidance of Jayzle Ravelo, Managing Director, Human Resource and Organization Development, Bangko Sentral ng Pilipinas (the Central Bank of the Philippines).She discusses profoundly the reason why it was developed, and what it hopes to accomplish for our Member Central Banks. Jayzle and the technical working group worked closely for 5 years. Their work has deeply expanded the leadership paradigm beyond the traditional risk-centric view of central banks to embrace agility, innovation, and collaboration -- teamwork rather than hierarchy...2025-03-0527 min
SEACEN PodcastSEACEN Podcast S6 Episode 4: Capital Flows Monitor – Asia’s Resident Capital FlowsIn the latest episode of our podcast titled “Capital Flows Monitor – Asia’s Resident Capital Flows”, the SEACEN Centre’s Ole Rummel and Rogelio Mercado discusses the findings of the SEACEN Capital Flows Monitor 2025. Ole opened the discussion by sharing the key takeaways on the recent trends, patterns and drivers of capital flows and international investment position in the region. The main findings are: (i) Asian economies, as a group, witnessed a recovery in cross-border resident and non-resident capital flows in the first half of 2024; (ii) the region remained a net capital exporter as of mid-2024; (iii) economic gr...2025-02-1833 min
SEACEN PodcastMonetary Policy, Financial Stability, and Independence: Central Bank Mandates UnpluggedIn our new podcast titled “Monetary Policy, Financial Stability, and Independence: Central Bank Mandates Unplugged”, a distinguished panel comprising Ole Rummel, Sir Paul Tucker, Meltem Chadwick, Mark McKenzie, Ayse Sungur, and Chander Rawaswamy examines the evolving role of central banks in addressing complex global challenges.
Ole Rummel opens the discussion by exploring the theoretical foundations of assigning new responsibilities to central banks, referencing key frameworks such as the Tinbergen Rule and Poole’s Principle of Comparative Efficiency. His analysis highlights the growing tension between traditional mandates—price and financial stability—and emerging objectives like climate change and income ine...2024-11-211h 17SEACEN PodcastSeason 6 Episode 1: The SEACEN Capital Flows Monitor - Reissue!It's a new year and the SEACEN Podcast starts our latest season with a brand new episode. Dr. Ole Rummel speaks with Dr. Rogelio Mercado to discuss the re-issued SEACEN Capital Flows Monitor, which is now available in the SEACEN website.
They discussed the impact of high U.S. and domestic policy rates
on capital flows to Asia, as well as the latest trends and patterns of the region's capital flows and external positions.2024-01-1947 minSEACEN PodcastSeason 5 Episode 2: The Collapse of Silicon Valley Bank - [Developing Story]Ole and Mark are back, this time discussing the biggest news of the past few days: the collapse of Silicon Valley Bank, a major financier for venture capitalists, tech start-ups and other Silicon Valley outfits, the federal government's response, and possible early lessons, if any, for SEACEN's stakeholders.
Disclaimer:The views, thoughts, and opinions expressed are the speakers' own and do not represent the views, thoughts, and opinions of The SEACEN Centre.
2023-03-1543 minSEACEN PodcastSeason 5 Episode 1: In Conversation with Prof. Leef DierksIt's the first episode of a brand new season in 2023, and Mark McKenzie and Ole Rummel are joined by Prof. Leef Dierks, a guest to the Centre under the Visiting Scholar Programme. He is Professor of International Capital Markets at the Lübeck University of Applied Sciences. Prior to joining the Lübeck University of Applied Sciences in July 2013, Leef was a Fixed Income Strategist at Barclays Capital and then Head of Covered Bond Strategy at Morgan Stanley.
In this episode, our hosts and Prof. Dierks talk about trust in Economic Policymaking and implications for the current sit...2023-03-0840 min
SEACEN PodcastSeason 4 Episode 2: Inflation Growth and Financial StabilityMark McKenzie and Ole Rummel are joined by Prof. Hans Genberg, Professor of Economics at the Asia School of Business, and Prof. Steven Cecchetti, who is the Rosen Chair in International Finance at the Brandeis International Business School as they discuss inflationary outlooks around the world, energy prices, and discuss the global economic impact of latest world events.2022-06-2249 minSEACEN PodcastSeason 4 Episode 1: Sanctions and Crypto AssetsMark McKenzie and Ole Rummel are back on air, ahead of a special webinar on the same topic coming up on 25 March 2022.
Mark and Ole explore the potential for digital assets and cryptocurrencies to lessen the impact of sanctions and provide food for thought on steps that SEACEN members and stakeholders can take to scrutinize the use of digital assets.
Some key questions:
What are sanctions?
Can digital assets and cryptocurrencies be used to evade sanctions?
What should businesses, including banks, in the SEACEN stakeholder space do to mitigate the risk?
2022-03-2132 min
SEACEN PodcastSeason 3 Episode 7 - Challenges and Policy Options for Central Banks in Small, Open and Financially Integrated EconomiesDr. Mangal Goswami, Executive Director of the SEACEN Centre, talks to former Governor Már Guðmundsson about Iceland’s crisis and recovery and the lessons learned. More generally they discuss the challenges facing central banks in small, open and financially integrated economies (SOFIES) due to cross-border financial integration and volatile capital flows. Preserving monetary and financial stability in SOFIES requires more instruments than generally deployed before the great financial crisis (GFC), such as foreign exchange interventions, macroprudential tools and capital flow management tools, that in turn gives rise to the need to develop an integrated policy framework. Finally, they discuss...2020-04-2945 minSEACEN PodcastSeason 3 - Episode 6: In Conversation with Matteo MaggioriOn 3 April, Özer and Ole spoke to Matteo Maggiori, Associate Professor of Finance at the Stanford Graduate School of Business, about his research with Antonio Coppola (Harvard University), Brent Neiman (University of Chicago) and Jesse Schreger (Columbia University) on international capital movements (www.globalcapitalallocation.com) . Their aim was to shed light on how capital moves around the world. After painstaking data collection and careful analysis, the results present challenges to current orthodoxy. While official statistics capture the aggregate amount of cross-border capital flows, accounting for the ultimate nationality of the borrower rather than the location of the intermediary that d...2020-04-1542 minSEACEN PodcastSeason 3 - Episode 5: In Conversation with Prof. Dr. Didier CossinIn this Podcast, Geraldine Joseph, SEACEN Centre Senior Analyst, has a conversation with Professor Dr. Didier Cossin, founder and director of the Global Board Centre of the International Institute for Management Department (IMD), Switzerland, and Professor of Finance and Governance at IMD. Professor Cossin is the originator of the Four Pillars of Board Effectiveness methodology and an advocate of Stewardship. In his work with Boards of both public- and private-sector organisations across the world, Professor Cossin helps them enhance organisational performance through strategy involvement; best-in-class decision-making; promotion of board culture; and general governance, including board restructuring. Over the course of this con...2020-04-0840 minSEACEN PodcastSeason 3 - Episode 4: Podcast with Mr. Rajeev Peshawaria, former Executive Director of Executive Education, Asia School of Business, Kuala Lumpur.In this SEACEN STEP UP TO LEAD Podcast, Geraldine Joseph, SEACEN Centre Senior Analyst, engages with Mr. Rajeev Peshawaria, former Executive Director of Executive Education, Asia School of Business, Kuala Lumpur, who completed his term at end-March 2020.
Rajeev’s prior professional experience includes being the CEO of the Iclif Leadership and Governance Centre, Kuala Lumpur, and the Chief Learning Officer for both Coca Cola and Morgan Stanley. Apart from being a heavily sought-after international speaker, he is the author of two thought-provoking best sellers: Open Source Leadership; and Too Many Bosses, Too Few Leaders. Rajeev has been named as one...2020-04-0338 minSEACEN PodcastSeason 3 - Episode 3: COVID-19In this SEACEN Podcast, Glenn Tasky, Aziz Durrani and Mark McKenzie discuss COVID-19, financial stability and business continuity management (BCM) of central banks, stand-alone financial sector regulatory authorities, deposit insurance agencies (collectively, regulatory authorities), and financial institutions (FIs) themselves plays a central role.2020-03-1930 minSEACEN PodcastSeason 3 - Episode 2: 2019 in Review and predictions for 2020In this episode, Mark is joined by Ole, Aziz Durrani, and Geraldine, all whom have been hosts of Season 2 episodes and they share insights from the podcast throughout 2019, and what they're each looking forward to in the year to come.2020-02-0349 minSEACEN PodcastSEACEN Podcast Season 3 Episode 1 - In Conversation with Prof. Douglas Arner“BigTech” in the Financial Sector: More Choice for the Consumer, More Challenges for the Regulator?
SEACEN financial sector supervision experts Mark McKenzie and Glenn Tasky talk with prolific writer and educator Professor Douglas Arner, Kerry Holdings Professor in Law and Co-Founder, Asian Institute of International Financial Law, Faculty of Law, University of Hong Kong, about the entry of BigTech – companies such as Facebook, Apple, Google, Microsoft, Amazon, Alibaba, and Tencent – into the provision of financial services such as lending, payments, and even exotic cross-border instruments such as stablecoins. What are the benefits these big players bring, and what are t...2020-01-1453 minSEACEN PodcastSEACEN Podcast Episode 18: Conversation with Dr Hans GenbergIn this special episode in our "Step Up to Lead" series, SEACEN Faculty member from the Leadership and Governance Pillar, Ms. Geraldine Joseph speaks with the former Executive Director of the Centre, Dr Hans Genberg, who is now with the Asia School of Business in Kuala Lumpur.2019-10-3047 minSEACEN PodcastSEACEN Podcast Episode 17: In Conversation with Findlay MacPhersonIn this episode, Aziz Durrani speaks to Mr. Findlay Macpherson, who was most recently Head of Commercial Real Estate, Asia Pacific at HSBC and is an ex-Senior Technical Specialist from the Bank of England. Findlay has had a long career in banking, having lived and worked in South Africa, Singapore, Thailand and Hong Kong. Findlay discusses the Commercial Real Estate market across Asia, and risks and issues inherent in this business, as CRE exposures often result in losses and subsequent bank failures if undertaken incorrectly. Findlay also draws on his banking and regulatory experience and talks about how Central Banks and...2019-09-1232 minSEACEN PodcastEpisode 16: Conversation with Philip StedmanIn this episode, Aziz Durrani is in conversation with Mr. Philip Stedman, CEO of Snoocode and Managing Director of Stedman Denny. Phil was previously a senior Technical Specialist at the Bank of England, where he worked alongside Aziz for 6 years, following the 2007/8 Financial Crisis. They discuss Phil’s background and expertise in emerging markets and talk about the key lessons he has learned from analysing corporate transactions and lending structures in developing economies, issues around identifying non-performing loans, how to challenge banks’ senior management and lessons and guidance Supervisors can draw from this in their day-today role.2019-08-0835 minSEACEN PodcastEpisode 15 with Malik Kotadia, Finnovation Labs SingaporeIn the run-up to the SEACEN Centre’s Policy Summit on Cyber Risk, held on 13-14 June 2019, Aziz Durrani, Senior Financial Sector Specialist at the SEACEN Centre, caught up with Malik Kotadia, one of the panellists at the summit. They discuss some of the key developments, issues and risks in the FinTech, cryptocurrency and blockchain world, as well as how banks and regulators should be responding to them. 2019-07-0347 minSEACEN PodcastEpisode 14: Assessing Culture and Mitigating Misconduct Risk In this Podcast, Glenn Tasky, SEACEN’s Director of Financial Stability and Supervision / Payment and Settlement Systems, interviews Stephen Scott and Jeff Kupfer of Starling Trust Sciences, LLC. Starling is a behavioural sciences company that utilizes technology to assist in the evaluation of culture of organizations, including banks and other financial institutions. These evaluations can reveal deficiencies in a bank’s culture that may point to heightened misconduct risk. The Starling executives discuss the most prominent and most recent banking scandals, and emphasize that culture within a bank (or any firm) is contagious, and both executives and employees take their cues fro...2019-06-2147 minSEACEN PodcastEpisode 13 - Conversation with Bank Negara Malaysia Deputy Governor Jessica Chew - Cyber RisksIn this 2nd episode in our series on Cybersecurity, Dr. Ole Rummel and Mr. Mark McKenzie spoke with Puan Jessica Chew, Deputy Governor of Bank Negara Malaysia responsible for financial stability which covers the regulation and supervision of banks, insurance companies, payment systems and money services. The main subject of this conversation is cyber risks and financial stability. It was recorded as part of our lead up to the SEACEN Centre's Annual Policy Summit on Central Bank Leadership in Combating Cyber Risk in Kuala Lumpur, Malaysia, 13 -14 June 2019.2019-05-1439 minSEACEN PodcastEpisode 12 - Cybersecurity 2019, Part 1Dr Ole Rummel interviews Glenn Tasky, Director of the Financial Stability and Supervision/Payment and Settlement Systems pillar of the Centre about issues in Cybersecurity and Central Banking. This is part 1of 2 podcasts which lead up to the SEACEN Centre's Annual Policy Summit to be held in Kuala Lumpur, Malaysia, on 13 and 14 June 2019.
2019-04-0842 minSEACEN PodcastEpisode 11 - The Evolution of Central BankingIn this episode, Dr Hans Genberg, the Centre's Executive Director, speaks to Grant Spencer, Former Governor of the New Zealand Reserve Bank on the above and his experiences as a senior central banker.2019-02-1933 min
SEACEN PodcastEpisode 3/2018 - Cryptocurrencies: Similarities and DifferencesOle and Mark talk about altcoins and compare them to bitcoin. They also talk about permissioned vs. permissionless, blockchain, and plug our upcoming Policy Summit in May 2018!2019-02-0824 minSEACEN Podcast2018 Podcasts in ReviewDr. Rummel and Mark kick off the new year by recapping the topics we covered in the podcasts we did in 2018, including some clips from the various interviews we conducted. Also a sneak preview of next month's podcast!
Errata: During the recording of this podcast, Mark McKenzie incorrectly made reference to a “recent IMF Paper” between 20.16 – 20.20 mins, 24.30-20.34 mins and 32.56-33.00 mins. Please note the correct reference is: Bank for International Settlements (BIS) Working Papers No 765 “ Beyond the doomsday economics of “proof-of-work” in cryptocurrencies” by Raphael Auer of Monetary and Economic Department published in January 2019. The paper is available a...2019-02-0842 min
SEACEN PodcastPodcast with Prof. William BlackGlenn Tasky speaks to Dr. William K Black, Associate Professor of Economics & Law at the University of Missouri-Kansas City, and author of "The Best Way to Rob a Bank is to Own One". Dr. Black describes the epidemic of “control frauds,” massive frauds at banks that are orchestrated at the highest levels (directors and senior officers). Control frauds were rampant in the United States in the 1980s and have also existed in many other countries. He also discusses the potential for whistleblowing to alert regulators and other authorities about frauds occurring in banks before they get completely out of control.2018-10-171h 29
SEACEN PodcastPodcast with Pierre SiklosDr. Ole Rummel speaks to Pierre Siklos, SEACEN Visiting Scholar and Professor of Economics from Wilfrid Laurier University about Central Banks and Central Banking.2018-10-1638 min
SEACEN PodcastTechnological Innovations and Strengthening Resilience of Payment Systems to CybercrimesOle and Mark talk to Umar Faruqui from the CPMI and Chackan Lai of Visa on opportunities around new technologies and challenges for policymakers as well as how they can respond.2018-09-2836 minSEACEN PodcastThe SEACEN Capital Flows MonitorDr. Ole Rummel speaks with Dr. Rogelio Mercado, Jr, the chief author of the new publication, The SEACEN Capital Flows Monitor; which is available now, for free at www.seacen.org2018-07-1941 minSEACEN PodcastPodcast with Dr. Jean Pierre LandauDr. Ole Rummel and Mark McKenzie chat with Dr. Jean Pierre Landau, who has served as the Executive Director of the IMF and World Bank and now with the Economic Department of Sciences Po, Paris.2018-05-2537 minSEACEN PodcastPodcast 4/2018 - American Default with Prof. Sebastian EdwardsDr. Ole Rummel chats with Prof. Sebastian Edwards, author of "American Default".2018-04-2636 min
SEACEN PodcastICOs and Cryptocurrencies: To Regulate or not to RegulateDr. Ole Rummel and Mark McKenzie talk about the need for regulating Cryptocurrencies and Initial Coin Offerings (ICOs).2018-02-1545 min
SEACEN PodcastBitcoin price dynamics: causes, consequences and possible policy responsesMark McKenzie and Dr Ole Rummel of the SEACEN Centre share their views and insights on Bitcoin, its price dynamics and possible policy responses by regulators.2018-01-2259 min