Edit, Download, and Sign the Project Agora Call for Participation May 2024

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To fill out this file, ensure that all required sections are completed accurately. Follow the specified guidelines and provide the necessary information. Detailed instructions will be provided in the subsequent sections of the webpage.

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How to fill out the Project Agora Call for Participation May 2024?

  1. 1

    Begin with reading the background and objectives of Project Agora.

  2. 2

    Review the eligibility criteria to ensure your qualification.

  3. 3

    Fill out the required fields in the application form accurately.

  4. 4

    Prepare the necessary supporting documents as outlined.

  5. 5

    Submit the completed application form by the specified deadline.

Who needs the Project Agora Call for Participation May 2024?

  1. 1

    Financial institutions seeking to participate in Project Agora.

  2. 2

    Consultants working with eligible financial entities.

  3. 3

    Researchers studying the impact of tokenisation on monetary systems.

  4. 4

    Central banks looking to explore collaborative opportunities.

  5. 5

    Technologists and developers focused on smart contracts and programmability.

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What are the instructions for submitting this form?

To submit this form, complete it accurately and ensure all required sections are filled. Email the completed form and supporting documents to agora@bis.org. Alternatively, you can submit it through the online submission form available on the BIS website or mail it to Banque de France, 31 rue Croix des Petits Champs, 75001 Paris, France. Ensure submissions are done before the specified deadline for consideration.

What are the important dates for this form in 2024 and 2025?

Key dates include the submission deadline in May 2024 and the selection announcement in mid-2024. Regular updates will be provided.

importantDates

What is the purpose of this form?

The purpose of this form is to enable private sector participation in Project Agora, a collaborative initiative by the BIS and several central banks to explore tokenisation's potential in enhancing the monetary system. By completing this form, eligible financial institutions can express their interest in contributing to the project and provide necessary information for evaluation. The project aims to leverage smart contracts and programmability to improve the functioning of cross-border payments and monetary systems. Ensuring a seamless integration of tokenized commercial bank deposits with tokenized wholesale central bank money, this form is critical for those looking to play a role in the future of digital finance.

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Tell me about this form and its components and fields line-by-line.

This form consists of several sections including background information, eligibility criteria, selection criteria, and the application process. Each section must be completed accurately to ensure a valid submission.
fields
  • 1. Background: Provides an overview of Project Agora and its objectives.
  • 2. Eligibility criteria: Outlines the required qualifications for participants.
  • 3. Selection criteria: Describes the factors considered in selecting participants.
  • 4. Application process: Details the steps and documents needed for applying.
  • 5. Provisional timetable: Lists important dates and deadlines for submission.
  • 6. Application form: The actual form to be filled out by applicants.
  • 7. Annex - frequently asked questions: Provides answers to common inquiries about Project Agora.

What happens if I fail to submit this form?

Failure to submit the completed form may result in disqualification from participating in Project Agora. Ensure all sections are accurately filled and submitted on time.

  • Missed opportunities: Ineligibility to participate in the collaborative project and contribute to advancements in tokenisation.
  • Non-compliance: Potential non-compliance with mandated regulations or guidelines set by the project conveners.

How do I know when to use this form?

Use this form when your financial institution wishes to participate in Project Agora. Ensure that you meet the eligibility criteria before starting the application process.
fields
  • 1. Expressing interest: Indicate your institution's interest in joining Project Agora.
  • 2. Providing required information: Submit necessary details and documents for evaluation.
  • 3. Complying with eligibility: Confirm that your institution meets all eligibility requirements.

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What are the eligibility criteria for Project Agora?

Eligible entities include regulated financial institutions with accounts at the central bank.

How do I know if my application is complete?

Ensure all sections are filled accurately and all required documents are attached.

What supporting documents are needed?

The required documents are outlined in the application form, including proof of eligibility.

Is there a deadline for submission?

Yes, refer to the provisional timetable section for the specific submission deadline.

Can I collaborate with other institutions?

Yes, Project Agora encourages collaboration between private and public sector entities.

What is tokenized commercial bank deposits?

These are digital representations of commercial bank deposits that can be integrated with tokenized wholesale central bank money.

How does Project Agora enhance cross-border payments?

By using tokenisation and programmability, the project aims to streamline and improve cross-border payments.

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