Alliance for Financial Inclusion (AFI) is organizing a webinar on Cross Border Remittances in Times of COVID-19: Issues and Policy Solutions.
The webinar will bring regulators and key stakeholders together to discuss how to drive digital solutions to facilitate remittance flows, especially within the context of ongoing global pandemic.
AFI is organizing the virtual event in collaboration with the UK’s Department for International Development (DFID), given the alignment of thematic priorities among the two institutions and the excellent work that DFID is doing in this area. To enable this, the webinar will discuss the following aspects:
- Key policy solutions related to consumer protection, awareness, digital financial literacy, and AML/CFT etc especially among disadvantaged sections such as women, elderly, rural poor and the disabled.
- Digital innovations to facilitate cross border interoperability to facilitate end to end movement of remittance funds.
- Approaches to collaboration among regulators, private players and broader stakeholders to sustain remittance flows in a safe and convenient manner.
In May, the governments of UK and Switzerland launched a Call to Action in partnership with the United Nations Capital Development Fund (UNCDF), the World Bank Global Knowledge Partnership on Migration and Development (KNOMAD), the International Organization for Migration (IOM), the United Nations Development Programme (UNDP), the International Association of Money Transfer Networks (IAMTN) and the International Chamber of Commerce (ICC).
The Call to Action addresses the slump in remittances caused by the COVID-19 crisis. You can get more information about the Call to Action here. This webinar “Cross Border Remittances in Times of COVID-19: Issues and Policy Solutions” will include a presentation by DFID that highlights the Call to Action.
Please confirm your participation by Friday, 7th August 2020.
Should you have any questions regarding this webinar or how to participate, please contact afievents@afi-global.org.
Time: 9:00 AM ET / 1:00 PM UTC / 9:00 PM KL
Location: Virtual
Date: Tuesday, August 11, 2020
