UNSGSA -UN Secretary-General’s Special Advocate for Inclusive Finance for Development

Pages tagged “South Africa

Financial inclusion underpins bold World Bank goals on poverty

The UNSGSA attended the World Bank-IMF annual meetings in Washington, D.C. this October, and found that they were not business as usual. World Bank Group President Dr. Jim Kim ann… https://www.unsgsa.org/resources/news/financial-inclusion-underpins-bold-world-bank-goals-poverty/

Partnerships to Achieve Financial Inclusion for Development

Partnerships to Achieve Financial Inclusion for Development Remarks to the UN Secretary-General’s High Level Panel on the Post-2015 Development Agenda Let us not forget that when… https://www.unsgsa.org/resources/speeches/partnerships-achieve-financial-inclusion-development/

Proportional and risk-based controls promote both financial inclusion and financial integrity

National financial system regulators are increasingly identifying approaches that achieve a balance across broad financial inclusion, financial stability, financial integrity—and effective oversight and supervision
Well-intended security and control measures can inadvertently exclude sectors of the economy, especially lower income people and small business owners.  Proportional and risk-base… https://www.unsgsa.org/resources/impact-stories/proportional-and-risk-based-controls-promote-both-financial/

Expanding banking services beyond traditional branches can be a cost effective way to make financial services widely available

Agent networks dramatically improve coverage and availability of financial services, extending access to finance to hard-to-reach communities and engaging the unbanked poor in the formal financial sector.
Banks and other financial institutions are partnering with retailers, post offices, and other agents to provide financial services. Governments can create incentives and accelerat… https://www.unsgsa.org/resources/impact-stories/expanding-banking-services-beyond-traditional-branches-can-b/

Plenary of the Financial Action Task Force

I believe, however, that financial inclusion and financial integrity are in fact complementary. We all know that advancing both will build stronger and safer financial systems for … https://www.unsgsa.org/resources/speeches/plenary-financial-action-task-force/