For several years, global monetary accommodation has had a spillover effect on monetary policies in emerging economies, with postures generally looser than what would be dictated by Taylor rules. The beginning of the withdrawal of U.S. monetary stimulus has led to higher policy interest rates in some countries, partly closing this gap.
To make matters a little more practical, I believe that you may examine one or two case studies and consider how to build cyber resilience into FinTech innovation. I am sure that you are also looking forward to learning how cyber-threats are addressed by the other central banks represented here and the latest developments in this regard.