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Assistant Secretary for International Markets and Development, U.S. Department of the Treasury
Senior Fellow, Center for Global Development
Senior Adviser, Federal Reserve Board
Former Governor, Central Bank of Kenya
Senior Fellow and Director of Studies, Center for Global Development
The rise of digital technology has nurtured a growing industry in financial services that benefit the poor, from mobile payments and money transfers to micro-savings and mobile-based crop insurance. But as the financial landscape evolves to include these disruptive innovations, new players and new business models could bring fresh risks to individual users and to financial systems. So how should policymakers respond?
Join us for the launch of a major CGD report, "Financial Regulations for Improving Financial Inclusion," that sets out how regulators can make the goal of financial inclusion compatible with the traditional mandates of financial regulation: safeguarding the integrity and stability of the financial system, while also protecting consumers from fraud.
Keynote remarks from Assistant Secretary Marisa Lago will be followed by a short presentation of the report's main findings and recommendations, and by a panel discussion involving some of the experts on the high level Task Force that produced the report.