Joint ICMIF/AMICE Regulatory Affairs conference Paris, Tuesday 4 December 2018  Keynote address Denis Beau – First Deputy Governor  “Old and new challenges for the insurance sector, its regulators and supervisors”  1  Good morning to all of you, dear Presidents and members of ICMIF and AMICE,  I am very happy to be here with you today to exchange views on the stimulating and no less challenging developments that the insurance sector, and especially mutual insurers, as well as their regulators and supervisors, will have to face in the upcoming months and years. After a few words on the economic and financial context and its related challenges for insurers, I will first focus on those brought by regulatory developments currently in the making, and will finish with the new risks that insurers, their regulators and supervisors will have to address, namely cyber-risks and climate change-related risks. Overall, the macroeconomic environment has been favourable. The recovery of the global economy strengthened last year. Global GDP grew at 3.8% in 2017 and is expected to grow at a similar pace for the next two years. The European economy performed well and the inflation rate in Europe is in line with the European Central Bank’s target (2%). Even if recent survey data have been somewhat weaker, the medium-term outlook for the euro area remains broadly positive. However,  global  and  domestic  uncertainties  are  growing.
Muhammad bin Ibrahim: Issues surrounding intellectual property Welcoming remarks by Mr Muhammad bin Ibrahim, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Intellectual Property Financing Conference 2014, Kuala Lumpur, 23 September 2014. *  *  *  It gives me great pleasure to welcome you today to the 2014 Intellectual Property (IP) Financing Conference – themed “IP Potentials in Financial Landscape Evolution”. I would like to thank the Malaysian Intellectual Property Corporation and the Asian Institute of Chartered Bankers for co-organising this event with Bank Negara Malaysia. We are also grateful to Secretary General Dato’ Sri Alias bin Haji Ahmad for joining us today to deliver the keynote address and officiate the conference. In the age of the information economy, the importance of intellectual property as a key enabler of productivity and economic growth has become significantly more pronounced as intangibles make up an increasing proportion of business investments. This conference was carefully designed to raise issues surrounding IP. Many issues and questions require resolutions and insights. How do we achieve strong and effective IP protection that will encourage companies to bring new innovations to the market? How do we unlock the value of IP within businesses and encourage the financial system to make better use of this value in financing decisions? How do we start to develop a more transparent market for IP assets? These are some of the issues and questions that the Conference should explore to optimise the full potential of IP in Malaysia.