Roundtable Two: Innovating an Inclusive and Safe, Green Future through Policy
22 June 2022 • 2:45–4:00 p.m. (in UTC/GMT +8 hours)
New policies, regulations, and innovations are rapidly increasing inclusive access to finance during a new green recovery start to the economy. Public-private dialogues and partnerships have been key developments in several markets. Advances in financial services and underlying policies, especially spurred on during the recent COVID-19 pandemic, have brought more people into the financial system and increased efficiency and outreach. However, new players and new innovations have also increased the potential for systemic risks including challenges around prudential risks, market conduct, and governance issues and unique consumer risks, especially around data privacy and cyber security. To achieve the full potential of these innovations, policymakers, and regulators in developing countries are working together with international institutions, and the private sector through public-private partnerships and dialogues to ensure the development of innovative, green, and inclusive businesses and jobs.
This session will discuss how regulators and policymakers balance inclusive, innovative financial policies and regulations to support investment in innovative financial services while ensuring safety and soundness and steps to a green restart to the economy. The session will also look at the role of public and private dialogues to help support the sector’s development.
This session will discuss how regulators and policymakers balance inclusive, innovative financial policies and regulations to support investment in innovative financial services while ensuring safety and soundness and steps to a green restart to the economy. The session will also look at the role of public and private dialogues to help support the sector’s development.
SungsupRa
Chief Sector Officer
Office of the Cluster Head Sector Advisory Service Cluster
Sustainable Development and Climate Change Department
Asian Development Bank
Esala Masitabua
Deputy Governor
Reserve Bank of Fiji
Mohammad Shahriar Siddiqui
Deputy Head
Banking Regulation and Policy Department
Central Bank of Bangladesh
M. Rajeshwari Singh
Chief Marketing Officer
Crop to Agriculture Insurance