REMITTANCES AND FINANCIAL INCLUSION
CROSS-REGIONAL PERSPECTIVES
Brussels, 19 - 20 May
2005
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organised by
MULTILATERAL INVESTMENT FUND |
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 A detailed programme will be published at the end of January. |
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Thursday,
19 May 2005 |
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Session I Welcome remarks and goals |
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In the opening session, the relevance of remittance
transfers for economic growth and social development will be emphasized.
The speakers will provide their views on the importance of remittances
as seen from their perspective as representatives
of the banking community
and multilateral organizations from Latin America and Europe.Speakers will set the goals
for the conference. |
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Session II Policies to accelerate the socio-economic impact of remittances |
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What public sector policy initiatives are
being developed in order to leverage the remittances’ impact?
Contributions from the Multilateral Investment Fund, World Bank,
European Commission and African Development Bank will launch the debates. |
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Session III What do stakeholders think? |
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Reactions to policy propositions will
be put forward by a panel composed by
stakeholders: a regulator, a bank and a migrant association. |
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Session
IV Challenges for business: Reaching out to the migrants in sending countries |
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Representatives from financial institutions in sending
countries will tackle issues such as: design of products and services,
outreach mechanisms, marketing models and alliances with financial
institutions in receiving countries. Each speaker will describe an
experience and provide insights into the obstacles and opportunities in
providing remittance transfer services. They will conclude with concrete
recommendations as far as policies or standards are concerned. |
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Session V Challenges for business: Leveraging remittance proceeds - microfinance? |
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Financial institutions from receiving countries will
describe an experience of stimulating financial exclusion
through remittances and will outline, how best
to manage financial networks and
partnerships and will present best practices in the design of products
and services. Speakers will be requested to conclude with concrete
recommendations as far as policies or standards are concerned. |
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Reception (including signing
ceremony) Financial institutions attending this event will sign up to the Fair Value Remittances Service Level Agreement. |
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Friday, 20 May 2005 |
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Session VI Convergence of policy and business interests |
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What is the right balance to strike between
the public and the
private sector in order to effectively
facilitate access to fair value remittances? What
can the private sector address through self-regulation and commitment?
What needs to be addressed by the public sector through regulation/policy
making? We will hear the views of international regulators and the banking industry. |
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Session VII Implementing and moving forward |
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How can the ideas brought forward at the conference be
practically implemented? How can outreach be ensured?
The conference organisers will outline their suggestions. |
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| Closing session | |||
| Final remarks: The perspectives of the multilateral institutions | |||
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Migration and remittances
in the global economy: a European vision |
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