Miguel Manuel Díaz

Miguel Díaz is General Director of Payment Systems and Market infrastructures at Bank of Mexico. An economist trained at the University of Chicago specialized in the financial sector and with experience directing and executing large-scale technology projects. His responsibilities include the development, operation, analysis, and regulation of financial market infrastructures. Some examples of the projects completed are: i) the expansion of Mexico’s largest payment infrastructure to operate fast small-value payments in a 24/7 capacity and the creation and implementation of a request to pay functionality (CoDi), ii) the development of a dollar-denominated real-time payment system for transactions within Mexico (SPID), iii) the strengthening of Anti Money Laundering/Counter Terrorism Financing efforts through the creation of information-sharing infrastructure, iv) the generation of rules that allowed for the entry of new participants in the card payment market, v) the application of the G20 accords for the reduction of risks in the over the counter derivatives market in Mexico, vi) the regulation that opened the market to e-money issuers. Before this he directed Strategic Planning at the Bank, was a senior advisor to the Governor and the Board of Governors, and previously he worked at the economic research department on subjects related to macro-financial analysis, monetary policy, and financial stability.