PROGRAMME

Global Forum on Celebrating the , Investment

and Development 2017

United Nations Headquarters, New York 15 – 16 June 2017

In collaboration with

www.ifad.org/gfrid2017

Table of contents

Table of contents...... 3

Ten years of Global Forums...... 4

The GFRID2017...... 5

Overview...... 6

International Day of Family Remittances – 16 June 2017...... 8

Private sector day – 15 June...... 10

Family Remittances Day – 16 June...... 15

The RemTECH Awards...... 20

The Marketplace...... 21

List of speakers...... 22

List of participants...... 28

Useful information...... 32

The organizers...... 33

3 Ten years of Global Forums

The Global Forum on Remittances, Investment 2017 2015 2013 and Development (GFRID) is part of a series Global Forum on Remittances, Global Forum on Remittances Global Forum on | | | of ground-breaking and inclusive international Investment and Development GLOBAL and Development Europe Remittances Asia Global coverage will focus on the role of Focused on European and global markets, and Focused on Asia, forums hosted by the International Fund for remittances in achieving the SDGs, and development impact, organized by IFAD, the held in Bangkok, and Agricultural Development (IFAD), a specialized opportunities in the global marketplace. To be European Commission and the World Bank, organized together with agency of the United Nations and an international held in New York and organized together with held in Milan in conjunction with the Universal the World Bank. financing institution (IFI), in collaboration with key the World Bank and the UN Department of Exposition EXPO Milano 2015. Economic and Social Affairs (UN-DESA). development organizations and other IFIs. Over the last decade, these Forums have brought together stakeholders across all sectors and from around the world involved in the field of remittances, migration and development. The main focus of the Global Forums is to raise awareness, promote dialogue, stimulate partnerships and create long-lasting synergies among public and private sectors, and civil society actors. The Global Forums serve as a platform to specifically share best practices and lessons learned, create opportunities to promote global remittance-related dialogue and address solutions to maximize the development impact of remittances and migrant investment trends in countries of origin. The GFRID2017 will be held in collaboration with key regional and global partners, as was the case with the previous five editions.

2005 2007 2009 International Forum on International Forum on Global Forum on Remittances | americas Remittances | Global Remittances | Africa Focused on Latin America and the Caribbean, Global coverage, held in Focused on Africa, held held in Washington D.C. and organized by the IDB, Washington D.C. and organized in Tunis, in collaboration 4 after which the organization passed on to IFAD. together with the IDB. with the AfDB. The GFRID2017

Since its inception ten years ago, the Global Forum Main objectives • Promote national development strategies that on Remittances, Investment and Development • Exchange best practices on practical, allow for scaling up successful business models (GFRID) has served as a platform to raise sustainable and innovative business models that and strategies involving migrant and diaspora awareness, facilitate dialogue and promote expand the frontiers of the current remittance contributions; collaboration on the contribution of family market while bridging to other financial markets • Provide facts and figures on, and addressing remittances to development. By bringing together and products; data gaps in measuring the level and impact of, Member States, international organizations, and • Discuss and highlight the contribution of migrant remittances and diaspora investments; relevant organizations from the private sector and migrant remittances and diaspora investment and the civil society, the Forum allows stakeholders to to the implementation of the 2030 Agenda for • Celebrate the International Day for Family showcase good practices and build partnerships Sustainable Development and the relevant Remittances. to leverage the role of remittances in countries commitments contained in the Addis Ababa and communities of origin towards achieving Action Agenda, and Linkages to existing United the 2030 Agenda, including the Sustainable • Provide concrete, actionable recommendations to Nations processes, mechanisms Development Goals (SDGs). leverage the potential of diaspora investments and and initiatives The 2017 edition of the Forum, while building migrant remittances to development within the The contributions, deliberations and on these previous experiences, will also highlight context of the global compact for safe, orderly recommendations of the GFRID will provide inputs the role of diasporas as investors, especially in and regular migration, to be adopted in 2018. to several United Nations processes, mechanisms rural areas in countries of origin. The 2017 Forum and initiatives, in particular: will also discuss the linkages between displaced Specific objectives • The 2017 ECOSOC Forum on Financing for populations, host communities and development. • Highlight the contribution of migrant remittances Development follow-up (FfD Forum), to be held The forum is an initiative of IFAD, a specialized and diaspora investments to achieve the from 22 to 25 May 2017, as a follow up to the agency of the United Nations and IFI working Sustainable Development Goals and its targets; Addis Ababa Action Agenda. to eradicate rural poverty and promote rural • Identify measures to reduce the transfer costs • The high-level political forum on sustainable development through innovative investment of remittances, through market competition, development on “Eradicating poverty and mechanisms, including remittances. The 2017 innovative business models and the use of promoting prosperity in a changing world”, edition will be co-organized by the Population modern technologies; convened by the Economic and Social Council in Division and the Financing for Development • Assess regulatory barriers and other constraints New York from 10 to 19 July 2017. Office of theUnited Nations Department of to lower remittance transfers, promote diaspora • The global compact for safe, orderly and regular Economic and Social Affairs (UN-DESA) and investments and facilitate financial inclusion; migration, in particular the thematic session the Finance and Markets Global Practice of the • Explore innovative financing solutions to unlock on “Contributions of migrants and diasporas World Bank. Partners from the private sector migrant investments; to all dimensions of sustainable development, include the International Association of Money • Discuss the role of migrant remittances including remittances and portability of earned Transfer Networks (IAMTN), GSMA, International and diaspora investments in countries and benefits”, convened by the General Assembly in Money Transfer Conferences (IMTC), the World communities hosting displaced populations; New York on 24 and 25 July 2017. Savings and Retail Banking Institution and the • Highlight sustainable and innovative business Microfinance Gateway. models that expand current remittance markets and create synergies with other financial markets and products; 5 Overview

Private sector day – 15 June Family remittances day – 16 June seek to identify policies, programmes and practices to strengthen the contribution of migrant workers UN Headquarters UN Headquarters and diaspora communities to host communities Delegates Dining Room Morning: Delegates Dining Room within today’s market realities. In addition to Afternoon: Conference Room 4 Remittance market opportunities in 2017 featuring governmental and development agencies’ and impact investment mechanisms Addressing migration and development perspectives, the sessions will aim to create a for migrants and their families through remittances and investment in common ground for both the private sector and Day 1, private sector day, will be dedicated to support of the Sustainable Development Goals civil society, and identify opportunities to maximize a cross-sector exchange. It will bring together Day 2, family remittances day, will be dedicated to the social and economic impact of migration and financial industry representatives and technology the third annual celebration of the International Day development through remittances and investment. entrepreneurs with government policymakers and of Family Remittances (IDFR), aimed at recognizing The Sending Money Home report will also regulators, with the aim to share new innovative the fundamental contribution of migrant workers to be launched. instruments, promote synergies and partnerships, their communities of origin through the money they and discuss challenges and opportunities in the send back home. The family remittances day will Q&A sessions and networking remittance market. The objectives of Day 1 are to increase access to financial services, foster competition in remittance markets, and promote The Forum’s Core remittance channels available to lower and middle‑income countries. Discussions will focus Commercial banks Central banks on migrant investment opportunities, current FinTechs Chambers of Commerce mechanisms and barriers including the de-risking Micro nance institutions Ministries of Foreign Affairs issue, as well as linkages and synergies with current Private impact investment models and instruments. Mobile phone companies sector Ministries of Migration and Labour Global Forum Public Money transfer operators sector Permanent Missions to the UN on Remittances, Q&A sessions and networking Private foundations Postal networks Investment and Private postal operators Development Regulatory bodies Rural banks 2017 Think tanks

Civil society and development organizations

Academic institutions Community groups Cooperatives Development agencies Diaspora organizations International organizations Non-governmental organizations 6 Plenaries Networking over coffee Participation are aimed at presenting the topic and sharing best will allow delegates to share their expertise and The GFRID2017 will be open to representatives of practices and lessons learned. experiences, create synergies and strengthen Member States (financial regulators, central bank partnerships. representatives, development experts, delegates Parallel discussions from permanent missions, etc.), the United Nations will start with thematic presentations, followed by Marketplace reception system (international financial institutions, funds, an audience discussion to allow interaction among On 15 June, from 6:00 PM, selected private sector specialized agencies and programmes, related participants. entities will showcase their latest products and organizations, etc.), the private sector (commercial innovations in a networking cocktail, open to all banks, money transfer organizations, mobile Forum participants. operators, microfinance practitioners, etc.), civil society, academic institutions and think tanks, migrant communities, diasporas and the media. Around 300 participants are expected to join.

All photos taken at the GFRD2015.

7 International Day of Family Remittances – 16 June 2017

The second day of the Forum will coincide with the outreach campaign has evolved extensively. With third annual celebration of the International Day of a large number of international organizations Family Remittances (IDFR) unanimously proclaimed and NGOs, and over 80 MTOs, representing the by IFAD’s 176 Member States gathered at IFAD’s majority of the market, endorsing the values of this 38th Governing Council meeting in February 2015. observance, the IDFR was able to ensure that the Purpose of the IDFR is (a) to raise global human face of remittances – millions of families in awareness about the contributions of remittances lower and middle-income countries – was given its to the well-being of migrant families and true and deserved dimension. communities of origin, (b) to capitalize on This endorsement from key stakeholders comes the potential of remittances to help meet the at a time when migration has become one of the economic, social and environmental challenges top priorities of the global development agenda, confronting lower and middle-income countries, and its implications are being discussed in all (c) to encourage the private sector to facilitate the major fora. A recent highlight was the High‑Level sending of remittances and to link these flows Plenary Meeting to Address Large Movements of to a range of financial services and products for Refugees and Migrants. Held at the United Nations migrants and their families, and (d) to enhance the Headquarters on 19 September 2016, the Summit impact of remittances in communities of origin. committed to develop a Global compact for safe, The creation of an IDFR was unanimously orderly and regular migration, to be adopted by recommended by representatives of the public and the United Nations General Assembly in 2018. In a private sectors, and the civil society at the GFR2013 supporting effort, the 2017 IDFR celebration aims to held in Bangkok. As a United Nations specialized contribute to this process and increase awareness agency, IFAD has been called upon to take the lead of the global effort towards recognizing the role of in developing formal recognition of this Day. migrants in development. Since its first celebration on 16 June 2015 In early 2017, the UN General Assembly in Milan, in the context of the GFRD2015, with took note of the proclamation of the IDFR the support of Her Majesty Queen Máxima of (A/RES/71/237). the Netherlands as Patron of the Day, the IDFR

8 IFAD’s Resolution 189/XXXVIII Proclamation of an International Day of Family Remittances

The Governing Council, Recognizing the critical contributions of migrants (a) Proclaims 16 June to be the International Day in supporting their families living in fragile states and of Family Remittances, Recalling the Declaration of the High-level Dialogue during times of crisis, on International Migration and Development, (b) Invites all governments, private-sector unanimously adopted by the General Assembly and Recognizing the work done by Member States, the entities, civil society representatives and Member States on 3-4 October 2013, United Nations system and the role of civil society inter-governmental and non-governmental organizations in promoting the development impact organizations to undertake special efforts Recalling Resolution 55/93 adopted by the of family remittances, in observance of this Day, General Assembly, proclaiming 18 December as International Migrants Day, which calls for the Recognizing the role of the private sector in (c) Focuses attention on the receiving end of protection of their human rights, developing cost-effective and accessible financial family remittances, and the need to capitalize transfer services, on their potential to further help meet the Welcoming the recommendation, unanimously economic, social and environmental challenges endorsed by representatives of the public and Noting that families, as basic units of social life, confronting developing countries, particularly private sectors and civil society during IFAD’s are major agents of sustainable development at all in rural areas, Global Forum on Remittances, held in Bangkok on levels of society and that their contribution to that 20-23 May 2013, to declare an International Day of process is crucial for its success, (d) Encourages the private sector to facilitate the Family Remittances, sending of remittances and to link these flows Stressing that South-South remittances can to a range of financial services and products for Considering that in many developing countries, represent an important element for international migrants and their families, international remittances constitute an important cooperation among developing countries, in source of income to poor families, projected to their collective pursuit of economic growth and (e) Invites civil society organizations to bring exceed US$500 billion annually from 2016 onward, sustainable development, forward initiatives based on synergies and partnerships with international organizations, Noting that the transformative impact remittances Mindful that millions of families in rural areas are governments and the private sector, that have on access to education, food, health and also supported by domestic remittances sent by enhance the development impact of housing is most apparent in communities of the family members typically living in urban locations, remittances in communities of origin, developing world, particularly in rural areas where poverty rates are highest, (f) Calls upon the United Nations General Assembly to endorse the observance of this Day.

9 Private sector day – 15 June United Nations Headquarters – Delegates Dining Room

Session I Sending money home: the landscape going forward

10:00 – 10:45 Plenary I – Opening

• Welcoming remarks from the organizers Adolfo Brizzi, Director, Policy and Technical Advisory Division, International Fund for Agricultural Development (IFAD) Alexander Trepelkov, Director, Financing for Development Office, United Nations-Department of Economic and Social Affairs (UN-DESA) (tbc) Sebastian Molineus, Director, Finance and Markets Global Practice, World Bank • Keynote address from the Co-Chairmanship of 2017-2018 Global Forum on Migration and Development (GFMD) Ambassador Jürgen Schulz, Deputy Permanent Representative of Germany to the United Nations

10:45 – 11:30 Plenary II – Migrants’ contribution to development

Migrants sustain their home communities in many ways, notably through their financial contributions (remittances to their families and/or direct investment in local communities), and their entrepreneurial skills when they return home. These contributions present both opportunities and challenges for all involved: market players, governments, the migrants themselves and their families. This panel will provide an overview of the contributions and trends to date and will set the Forum stage by highlighting key elements: (i) migrant workers’ contributions through remittances and investments; and (ii) development opportunities. This panel will also outline the Forum’s two parallel tracks on (i) remittances and (ii) migrant investment. • Sending money home: migrant workers’ contributions back home Pedro de Vasconcelos, Manager, Financing Facility for Remittances, Policy and Technical Advisory Division, IFAD • Remittance markets 2017 Leon Isaacs, Chief Executive Officer, Developing Markets Associates Ltd. (DMA)

Format: Individual presentations and Q&A

11:30 – 12:00 Coffee break

10 Private sector day – 15 June

Session II Enabling innovation: inclusive business models for remittances and migrant investment

12:00 – 13:00 PANEL I A I DDR 1 PANEL I B I DDR 2

• The role of the incumbents: leveraging on the past and • Diaspora investors and mechanisms adapting to the future While migrant investment has demonstrated considerable potential Having developed successful businesses, established remittance for supporting economic growth back home, it is still hampered companies now face new opportunities and challenges. Leading industry by a lack of appropriate financial instruments and information. players will reflect on the last decade of activities, sharing their vision on This panel will highlight some ongoing initiatives aimed at future developments. This panel will showcase high-impact and time- facilitating diaspora investment, and will discuss challenges and tested remittance business models, and effective collaboration among further opportunities in meeting diaspora investment needs. stakeholders in lowering costs and improving access to both financial and non-financial services. Panelists Daniel Gonzáles, Program Officer, International Migration Initiative, Panelists Open Society Foundations Larry Angelilli, CFO, MoneyGram Marion Jézéquel, Chief Executive Officer, Babyloan Daniel Ayala, Executive Vice President, Global Remittance Services, Pietro Mona, Deputy Head, Global Program for Migration and Wells Fargo & Company Development, Swiss Agency for Development and Cooperation, Tim Daly, Senior Vice President, Global Head Regulatory and Public Policy, Federal Department of Foreign Affairs Y. Sudhir Kumar Shetty, Executive Director and President, UAE Exchange Moderator Yohannes Assefa, Director, Stalwart, Knowledge, Innovation Moderator and Technology Massimo Cirasino, Global Lead for Payments and Market Infrastructures, Finance and Markets Global Practice, World Bank

Format: Panel discussion and Q&A Format: Panel discussion and Q&A

13:00 – 14:30 Networking lunch

11 Private sector day – 15 June

14:30 – 15:30 PANEL II A I DDR 1 PANEL II B I DDR 2

• The regulatory framework: current status and • Expanding opportunities and instruments for future prospects diaspora investment Regulatory frameworks aim at balancing the need for a secure, This panel will explore challenges and opportunities in promoting and level‑playing field; in allowing competition and innovation, this outcome supporting diaspora investment mechanisms. The panel will bring is not always achieved. This panel will address recent developments in perspectives from financiers and civil society stakeholders on ways the areas of competition, transparency, and de-risking, including good and roles towards nurturing, enhancing and mainstreaming this practices, models and prospects from regulatory authorities. growing market. The panel will also address innovative or impact- investing mechanisms that could be adapted to respond to diaspora Panelists investment needs. Lauren Girard, Global Head of TS Global Financial Crimes Compliance Team, JP Morgan Panelists Nik Mohamed Din Nik Musa, Director, Money Services Business Jennifer M. Brinkerhoff, Professor of Public Administration and Regulation, Bank Negara Malaysia International Affairs, George Washington University Jody Myers, Vice President, BSA/AML Risk Assessment, Western Union Eric V. Guichard, CEO, Movement Capital Ltd - Homestrings Scott Rembrandt, Assistant Director, Office of Strategic Policy for Terrorist Justin Sykes, Managing Director, Innovest Advisory, Social Impact Financing and Financial Crimes, U.S. Department of the Treasury through Innovation Hassan Yusuf, Chief Executive Officer, International Bank of Somalia Moderator Liat Shetret, Senior Advisor for Financial Integrity and MENA Programs, Moderator Global Center Lee Sorensen, Development and impact investment senior expert: fragile contexts and international development

Format: Panel discussion and Q&A Format: Panel discussion and Q&A

12 Private sector day – 15 June

Session III Achieving scale in an evolving remittance market

15:30 – 16:30 PANEL I A I DDR 1 PANEL I B I DDR 2

• Innovative strategies • Technology-driven business models Reaching scale and driving down prices in money transfers requires new The remittance ecosystem in 2017 showcases models that go beyond partnerships, harnessing technology and other innovations. This panel “cash-to-cash,” using innovative tools and mechanisms to process will bring together different sectors (MTOs, banks, postal networks, and and deliver remittance services. The panel will discuss new, inclusive, formal financial institutions) to identify how the money transfer ecosystem and potentially disruptive approaches, such as, among others, delivery will influence the marketplace in the near future. of remittances through mobile wallets, payments facilitated by social networks, blockchain-based solutions. Panelists Hemant Baijal, Vice President, Global Public Policy, MasterCard Panelists Catherine Flouvat, Strategy & Development Orange Africa & Middle-East Andrew Boyajian, Head of North America, TransferWise – Head of digital inclusion services, Orange Mobile Money Khurram Malik, CEO, ValYou Samuel Koroma, Managing Director, SalPost, Sierra Leone Eugenio Nigro, Head of remittances Latin America and the Caribbean, the Erick Schneider, Head of Business Development for Latin America, Middle East and Africa, PayPal WorldRemit Sofia E. Freider, Vice President, Senior Director of Product Management, Product Development, Marketing, Earthport Moderator Leon Isaacs, Chief Executive Officer, Developing Markets Moderator Associates Ltd. (DMA) Marco Nicolì, Senior Financial Sector Specialist, Finance and Markets Global Practice, World Bank

Format: Panel discussion and Q&A Format: Panel discussion and Q&A

16:30 – 16:45 Coffee break

13 Private sector day – 15 June

16:45 – 17:45 Plenary II – Financial inclusion through remittances: Opportunities hidden in plain sight Financial inclusion is widely recognized as the foremost mechanism for leveraging the impact of remittances and investments toward reaching a range of development goals. This panel will discuss good practices and challenges in achieving a concerted approach within and across sectors that will unleash the potential of remittances towards universal financial access.

Panelists Marc Hollanders, Special Adviser on Financial Infrastructure, Bank for International Settlements Patrice Kiiru, General Manager, Diaspora Banking & International Money Transfer, Equity Bank Group Manuel Orozco, Senior Director, Inter-American Dialogue Shari Spiegel, Chief, Policy Analysis and Development Branch, Financing for Development Office, UN-DESA

Moderator Henri Dommel, Director, Inclusive Finance Practice Area, United Nations Capital Development Fund (UNCDF)

Format: Panel discussion and Q&A

17:45 – 18:00 The RemTech Awards The GFRID hosts the RemTech Awards, developed by Mohr World Consulting and the International Money Transfer Conferences (IMTC) showcase the most innovative and outstanding ideas designed to improve remittance services worldwide. The 2017 winning categories will feature companies, groups, collectives or individuals whose ground-breaking solutions are improving transparency, speed, cost and reliability for the companies and end-users sending and receiving remittances every day.

Moderator Hugo Cuevas-Mohr, Director, International Money Transfer Conferences (IMTC)

18:00 – 20:30 Marketplace RECEPTION

14 Family Remittances Day – 16 June United Nations Headquarters – Delegates Dining Room

Session i International Day of Family Remittances

10:00 – 10:30

• Tribute to migrants and their families Gilbert Fossoun Houngbo President of IFAD The International Day of Family Remittances (IDFR), celebrated on 16 June, is aimed at recognizing the significant financial contribution Louise Arbour migrant workers make to the wellbeing of their families back home and United Nations Secretary General’s Special Representative for to the sustainable development of their countries of origin. It is also aimed International Migration at encouraging the public and private sectors, as well as the civil society, Voices and views of migrants and their families: to do more and collaborate to maximize the impact of these funds Mary Grace Lopez-Balmes in the developing world. PinoyWISE-Batangas, Philippines

10:30 – 11:30 panel I Victor Manuel Asturias Cordón • Sending Money Home: Migrants and the Sustainable Minister of Economy of Guatemala Development Goals Teodoro L. Locsin Jr Permanent Representative of the Philippines The contributions migrants and migration make to sustainable development at the United Nations have become increasingly evident in recent years, and were recognized in the 2030 Agenda for Sustainable Development. The Sustainable Development Daniela Morari Goals (SDGs) include several migration-related targets, which seek to reduce Deputy Minister of Foreign Affairs and European Integration, the costs of migration and increase its positive impact. Over the last decade Republic of Moldova a growing number of member states have included this phenomena in their national policies in order to identify an provide concrete ways to ‘make Moderator migration work for development’. This high level panel will bring to light the James Cockayne importance that migrant contributions have in their countries of origin and Head of the United Nations University (UNU) Office at the United showcase specific actions that can be put in place by governments in their Nations, obo 2017 Chair of the Global Migration Group (GMG) prospects towards achieving the SDGs.

Format: panel discussion

15 Family Remittances Day – 16 June

11:30 – 11:45 Coffee break

11:45 – 12:00 panel II – The financial contribution of migrants, diaspora groups and refugees to development

• Keynote address from the G20 Presidency/Global Partnership for Financial Inclusion (GPFI) Leo Kreuz, Head of Division for Cooperation with the Private Sector, Sustainable Economic Policy, Global Partnership for Financial Inclusion (GPFI), German Federal Ministry for Economic Cooperation and Development

12:00 – 13:30 panel II – The financial contribution of migrants, diaspora groups and refugees to development

The panel will showcase factual findings on how migrant workers’ remittances and investments contribute to their countries of origin. Panelists will also highlight examples of the role migrant and refugee communities play in the stability, reconstruction, and economic development of their countries of origin.

• Migrants and economic needs abroad Kingsley Aikins, CEO, Diaspora Matters

• The contribution of migrants, refugees and diaspora for the development of their communities: facts and figures Dilip Ratha, Senior economist, World Bank

• Bridging humanitarian action and sustainable development: the role of migrants and refugees Micol Pistelli, Credit Guarantee Facility Expert, UNHCR

• Integrating the positive contribution of migration into national development planning Ashraf El Nour, Director of the International Organization for Migration (IOM) Office at the United Nations

Moderator Jürg Lauber, Permanent Representative of Switzerland to the United Nations

Format: Individual presentations and Q&A

13:30 – 15:00 Networking lunch

16 Family Remittances Day – 16 June United Nations Headquarters – Conference Room 4

Session II The Sustainable Development Goals and the Global Compact on Migration

15:00 – 15:15

The presentation will report on discussions held on 15 June, and will introduce the process following the New York Declaration for Refugees and Migrants, and the negotiations towards the Global Compact for Safe, Orderly, and Regular Migration.

• GFRID2017 – Contributing to the Global Compact for Safe, Orderly, and Regular Migration Bela Hovy, Chief, Migration Section, Population Division, UN-DESA

15:15 – 16:30 Panel I – What role can migrants’ contributions play?

The panel will bring to light migrant workers’ multifaceted contributions to development. This panel will discuss on concrete ways whereby governments can promote an enabling environment, and partner with private and civil society and other stakeholders to make migration work for development.

Panelists Oscar Chacón, Executive Director, Alianza Américas Amadou Cissé, Executive Director, African Institute for Remittances Estrella Mai Dizon-Añonuevo, Executive Director, Atikha Overseas Workers and Communities Initiative Inc. Lee Sorensen, Development and impact investment senior expert: fragile contexts and international development

Moderator Judith Arrieta Munguia, Minister, Permanent Mission of Mexico to the United Nations

Format: Individual presentations and Member States engagement and interaction

17 Family Remittances Day – 16 June

16:30 – 17:30 Panel II – Private sector engagement: A driving force to reach scale

The international community has recently called for a more concerted effort to bring together government policy makers and regulators, and financial and technology industry representatives, to increase access to financial services, and foster competition in the remittance and diaspora investment markets. This panel will bring together prominent private sector stakeholders, and will showcase current market opportunities and challenges in support of the SDGs.

Panelists Mohit Davar, Chairman of Advisory Board, International Association of Money Transfer Networks (IAMTN) Nathan Naidoo, Director of Policy and Advocacy, Mobile Money, GSMA Ian Radcliffe, Director, World Savings and Retail Banking Institute (WSBI) Stefano Signore, Head of Unit Migration, Employment and Inequalities, Directorate-General for International Cooperation and Development, European Commission

Moderator Masud Bin Momen, Ambassador and Permanent Representative of Bangladesh to the United Nations

Format: Individual presentations and Member States engagement and interaction

18 Family Remittances Day – 16 June

17:30 – 17:45

• Regional opportunities and future of the Forum Nik Mohamed Din Nik Musa, Director, Money Services Business Regulation, Bank Negara Malaysia

17:45 – 18:00

• Conclusion and the way forward Gilbert Fossoun Houngbo, President of IFAD

19 The RemTECH Awards

Bringing Remittances Innovation Forward

The Remittances Innovation Awards (RemTECH Awards) will showcase the most innovative and outstanding ideas, services and products, designed The following categories were used as guidelines The independent judging panel used the following to improve remittance services worldwide. to submit proposal and for the independent judging criteria to judge the entries: panel that was chosen to select the awardees. • Originality, Creativity and Intent The awardees will be companies, groups, or • End User Experience • Functionality and Technical Qualities individuals coming up with ground-breaking • Social Impact • Ease of Use and Adoption solutions that benefit the market ecosystem, • Marketing-Advertising • Game-changer – Impact improve transparency, speed, cost and reliability for • Innovative Agent Solution • Integration and Performance companies and remittance senders and receivers. • Back-Office Solution (FX Management/Treasury) • Sustainability and Potential for Growth • RegTech/Compliance/kyc/AML/CTF • On-line Popularity Nominees will come to San Francisco on June 13, • Social Impact as part of IMTC USA 2017, and to the RemTECH • Business Service/B2B-B2P-P2B The judging panel was free to select unique awards Awards presentation at the GFRID2017 on June 15. per category to shine a spotlight on individual An OPEN category will group out-of-the-box ideas characteristics of special entries such as Most that do not fit in any other. Creative, Most Innovative Technology, Most Innovative Product, Most Innovative Service, Most Ready for Success, Most Marketable, etc. “The RemTECH Awards are a step in moving forward the evolution of an industry that I don’t see being disrupted heads-down but slowly evolving. The global remittance industry The Judging Panel has many faces, many countries involved, many players, many customer behaviors, and The RemTECH organization and IMTC want to many challenges that have to be faced (regulatory, financial exclusion of service providers, thank the Award Judges for their help and support: increase in compliance costs, taxes, etc). We hope the RemTECH Awards contributes to • Francois Briod the needed evolution and helps in welcoming new ideas.” • Luis Buenaventura Hugo Cuevas-Mohr – IMTC, RemTech Director • Mehul Desai • Sofia Freyder • Greta Geankoplis The RemTECH Awards were developed and • Leon Isaacs managed by • Faisal Khan • Yakov Kofner The International Money • Juan Llanos Transfer & Payment Conferences, IMTC www.imtconferences.com www.remtech.org

20 The Remittance Marketplace South Delegates Dining Room

The marketplace reception will be hosted on List of exhibitors 15 PayKii Inc. 15 June from 18:00 to 20:30 in the South Delegates 1 African Institute for Remittances (AIR) 16 Remitly Dining Room at the United Nations Headquarters. 2 Auxfin 17 Small World Money Transfer It will see the participation of selected private sector 3 18 Segovia entities who will showcase their latest products and 4 Contact 19 The Spark Group innovations to all Forum participants. 5 DMA 20 TimesofMoney Private Ltd. 6 GSMA 21 Exhibitors will have the opportunity to gain further 7 Homestrings 22 UAE Exchange visibility by showcasing new products, business 8 IAMTN 23 Uniteller models, tools and technologies to a high-level 9 IDPAY 24 Viamericas audience of government officials, industry 10 IMTC 25 Western Union representatives, development workers and civil 11 Microfinance Gateway 26 WireCash society leaders. Over 25 companies have been 12 Money Service Business Association (MSBA) 27 Xpress Money Services Ltd. invited to participate. 13 Moneytis 14 Orange A dedicated Marketplace Note with logistic details and further information is available for the exhibitors.

21 List of speakers

Celebration of the International Day of Family Remittances Welcoming remarks

Gilbert Fossoun Louise Arbour Victor Manuel Asturias Adolfo Brizzi Alexander Trepelkov Sebastian Molineus Houngbo United Nations Secretary- Cordón Director, Policy and Technical Director, Financing for Director, Finance and President of the General’s Special Minister of Economy of Advisory Division, IFAD Development Office, UN-DESA Markets Global Practice, International Fund for Representative for Guatemala (tbc) World Bank Agricultural Development Internationa Migration Keynote speakers

Teodoro L. Locsin Jr Daniela Morari Mary Grace Leo Kreuz Jürgen Schulz Nik Mohamed Din Nik Permanent Representative Deputy Minister of Foreign Lopez‑Balmes Head of Division for Deputy Permanent Musa of the Philippines at Affairs and European PinoyWISE-Batangas Cooperation with the Private Representative of Germany Director, Money Services the United Nations Integration, Republic of Sector, Sustainable Economic to the United Nations Business Regulation, Moldova Policy, Global Partnership Bank Negara Malaysia for Financial Inclusion (GPFI), German Federal Ministry for Economic Cooperation and Development

22 Moderators

Yohannes Assefa Masud Bin Momen Massimo Cirasino James Cockayne Henri Dommel Leon Isaacs Director, Stalwart, Knowledge, Ambassador and Global Lead for Payment Head of the United Nations Director, Inclusive Finance Chief Executive Officer, Innovation and Technology Permanent Representative and Market Infrastructures, University (UNU) Office at Practice Area, United Nations Developing Markets Associates of Bangladesh to the World Bank the United Nations, Capital Development Fund Ltd. (DMA) United Nations 2017 Chair of the Global (UNCDF) Migration Group (GMG)

Jürg Lauber Judith Arrieta Munguia Marco Nicolì Liat Shetret Lee Sorensen Permanent Representative Minister, Permanent Mission Senior Financial Sector Senior Advisor for Financial Development and impact of Switzerland to the of Mexico to the United Nations Specialist, Finance and Integrity and MENA Programs, investment senior expert: United Nations Markets Global Practice, Global Center fragile contexts and World Bank international development

23 Speakers

Kingsley Aikins Larry Angelilli Daniel Ayala Hemant Baijal Andrew Boyajian Jennifer M. Brinkerhoff CEO, Diaspora Matters CFO, MoneyGram Global Banking and Payments Vice President, Global Head of North America, Professor of Public Professional, Wells Fargo Public Policy, MasterCard TransferWise Administration and International Affairs, George Washington University

Oscar Chacón Amadou Cisse Hugo Cuevas-Mohr Tim Daly Mohit Davar Pedro De Vasconcelos Executive Director, Alianza Executive Director, African Director, IMTC Senior Vice President, Global Chairman of Advisory Board, Manager, Financing Facility Américas Institute for Remittances Head Regulatory and Public International Association for Remittances, Policy and Policy, Western Union of Money Transfer Networks Technical Advisory Division, (IAMTN) IFAD

24 Speakers

Estrella Mai Dizon- Ashraf El Nour Catherine Flouvat Sofia E. Freider Lauren Girard Daniel Gonzáles Añonuevo Director of the International Strategy & Development Vice President, Global Head of TS Global Program Officer, International Executive Director, Atikha Organization for Migration Orange Africa & Middle-East, Senior Director of Product Financial Crimes Compliance Migration Initiative, Open Overseas Workers and (IOM) Office at the United Head of digital inclusion Management, Product Team, JP Morgan Society Foundations Communities Initiative Inc. Nations services, Orange Mobile Development, Marketing, Money Earthport

Eric V. Guichard Marc Hollanders Bela Hovy Marion Jézéquel Patrice Kiiru Samuel Koroma CEO, Movement Capital Ltd., Special Adviser on Financial Chief, Migration Section, Chief Executive Officer, General Manager, Diaspora Managing Director, Homestrings Infrastructure, Bank of Population Division, Babyloan Banking & International Money SalPost, Sierra Leone International Settlements UN-DESA Transfer, Equity Bank Group

25 Speakers

Khurram Malik Pietro Mona Jody Myers Nathan Naidoo Eugenio Nigro Manuel Orozco CEO, ValYou Deputy Head, Global Program Vice President, BSA/ Director of Policy and Head of remittances Senior Director, for Migration and Development, AML Risk Assessment, Advocacy, Mobile Money, Latin America and the Inter-American Dialogue Swiss Agency for Development Western Union GSMA Caribbean, the Middle East and Cooperation, Federal and Africa, PayPal Department of Foreign Affairs

Micol Pistelli Ian Radcliffe Dilip Ratha Scott Rembrandt Erick Schneider Y. Sudhir Kumar Shetty Credit Guarantee Facility Director, World Savings and Senior economist, Assistant Director, Office of Head of Business Development Executive Director and Expert, UNHCR Retail Banking Institute (WSBI) World Bank Strategic Policy for Terrorist for Latin America, WorldRemit President, UAE Exchange Financing and Financial Crimes, U.S. Department of the Treasury

26 Speakers

Stefano Signore Shari Spiegel Justin Sykes Hassan Yusuf Head of Unit Migration, Chief, Policy Analysis and Managing Director, Innovest Chief Executive Officer, Employment and Inequalities, Development Branch, Advisory, Social Impact International Bank of Somalia Directorate-General for Financing for Development through Innovation International Cooperation Office, UN-DESA and Development, European Commission

27 List of participants

A Scott Benson C Isabel Cruz Hernandez E MoreMoneyTransfer DigitalX Ltd. Asociación Mexicana de Adebisi Adegbuyi Jaime Caballero Suarez Zachary Daniel Edwards Stefanie Lynn Garry Bancomer Transfer Services Uniones de Crédito del SS Finance Canada Samantha Akins Lizzie Benson ECLAC Banco Union Daniel Francis Canning Daniela Cuevas Renato Gagalang Eje Yara Akkari The Spark Group Andini Yustie Gathanti Landbank BNP2TKI Valdete Berisha Jonathan Capal Nasim Ali CGAP DMA Global Ltd. Alixon Etts Greta Geankoplis Wells Fargo Bank Kwame Amankwah Bienvenido Betonio Maria Guadalupe Stratus Digital Systems Inc. Royal Group D Twum Casillas Christian Dominic Times Of Money Pedro Alexandre Gerardo Amelio Octavio Blanco Da Conceicao De Gerrard Jorge Antonio Castro Mascarenhas Santos F DMA Global Ltd. Johannes Boon Christina Andrada Reyes Novacambios Sayed M. Farani IFAD Sudhesh Kumar JCR consulting Felicity Fund, Inc. Amil Aneja Dame Damevski Shivanand Giriyan Ralph Alex Boragina Hector Cerviño Iglesias Inpay A/S Dominique M. Flora- Isaac Annan Riverson Pontual Money Transfer Elisabeta Gjoni Intermex Kamis Bank of Albania Saaka Danladi Moneydart Global Services Inc. Benjamin Quismundo David Gordon Brown McPherson Mumbi Company Ltd. Arcebal BestExchangeRates DBA Xpress Money Isaac Alexis Gnamba- Chanda Yao ZAMPOST Prasun Kumar Das Lawrence Steven Eduardo Jr. Arenas George Brown V. APRACA Poste Côte d’Ivoire Hernandez Merle, Brown & Nakamura, Fogelson Mary Muthoni Chege Bitso P.C. Diana de Castro Ria Financial Services Michael Jay Goldfarb Pamoja Women Dev. THE SEGOVIA Irina Astrakhan Pawel Brzostek Sofia Freyder Nadine Chehade Fernando De Las World Bank Universal Postal Union Carnevali Earthport Marcela Del Socorro CGAP Gonzalez Sepulveda Robbin Ayers Jocelyn Buckingham Ria Money Transfer Leonir Mario Chiarello Raminder Singh Deol Fintech-Advisors IFAD SIMN Ousmane Dieng G Daniel Gottschalck Luis Enrique II Small World Money Transfer Viamericas Corporation Olivia Y. Chow Buenaventura Elena Gafarova finder.com CONTACT payment Hector Albert Grinacoff B BloomSolutions Scott Douglas Dueweke Identity and Payments William Mark Wilfrid Therese Ann Gamboa Vanessa Barba Hailu Kinfe Bune Association (IDPAY) Olivier Paul A. Grosjean Church Transfast Remitly African Union IOM Sergey Dukelskiy Cristina Carolina Lorenzo Odalis Garcia Robert Bell Tae Won Tim Byun Universal Postal Union Eliran Grushkowsky Contreras Anico IMTC – Consultant Capital+Public OKLink WireCash Banco Union Marcel Duret Sian Bennett Ana Cristina Garcia Rosabel B. Guerrero CPTI Ria Money Transfer Irma Cosico Sierra Member State ASKI Global Ltd. United Nations Industrial Patricia Bennis Development Organization Fernando Gutierrez Matthew Criscuolo Rodriguez Luciana Maria Garofalo UniTeller

28 H I Binod Kumar Khadria David Arthur Landsman Promoth Manghat N Hussein Abdi Halane Nelson Paul Irizarry Rutgers, The Stat NMTA UAE Exchange Centre LLC Richard Nthiga Muriithi IGAD PayKii Shahadat Khan Alex Lane Arnon Mantver Tehilim Michael Mawanda Michael Hamp Jacqueline Theresa RMIT University Everex Center for Interanational Mutebi IFAD Irving Migration & Integration Sentegram Md Khairuzzaman Khan Veronica Lane Milken Institute Karl Ken Oyinmiebi Placid Nk Corporation Everex Mina Mashayekhi Carolyne Namukhula Harris Phoebe Honor Isaacs UNCTAD PostBank Uganda Ltd. Anjani Amitya Kirana Logan Lemberger Global Performance Index DMA Global Ltd. Anjani Amitya WireCash Joseph Mathew K. International Ltd. Avijit Nanda Royal Exchange (UK) Times Of Money Dominik Kneer Marcelo Samuel Licht Syed Arif Hassan Ministry for Development Bormann Michal Wojciech Matul Poverty Elimination and Torben Nilsson J Cooperation TransferTo AXA Community Education Fnd. IFAD Moises Jaimes Salah Eddine Kobar Jean-Marc Liling Mark William Mc Coy Harris Bin Hassan Appriza Pay Peter Zsolt Novak Center for Interanational Shuraako Peter Novak Adrian Jaimes Migration & Integration Robert Reeves Haynie Renganadhan Donilee McGinnis Agora Partnerships Appriza Pay Krishnamoorthi Pedro Nel Lobaton Michelle Seeger Cornelis Theodorus Anurag Jain CESL Bedon McMahon O Heesbeen Prepay Nation Mega Proyectos de Seguridad Sowmya Innovest Advisory AUXFIN Alimentaria Alfredo P. Ohagan Aysha Jalal Krishnamoorthy IDT Corporation Sonali Arnaz Mehta-Rao John Heffern Jr. PADF Annette Marie Lovoi Awaaz.De US Dept of State Chantal Maggie Joseph Appleseed Ricardo Olivares NewRoc Financial, LLC Neel Krishnan Mendoza Shabnam Binti H.E. Javier Higuera DigitalX Ltd. Maria Felisa Luarca- Univision Communications Rajesh Lal Joshi Reyes Mohamad Mokhtar Anowar Hossain Thamel Dot Com Pvt. Ltd. Samish Kumar 1944 SHAPE Knowledge Teddy Ibrahim Otara United Financial CPA PC transfast Onserio Sebastian Molineus Soros Economic Development

Md Zahid Hossain Kanchan Kumar Fund Remitware Payments Inc. Joseph Thomas Ministry of Expatriates’ Welfare K M Montero and Overseas Empl David Onuchimere Onu Alex Kayaayo Miguel Angel Macias Mario Augusto Mouro Lazare Kpedonou Hoton PostBank Uganda Ltd. Trevino María Cecilia Oronoz B&T Corretora FAO L Bancomer Transfer Services Urroz Keith Lyle Keiderling Neil Moyo DT Consultores Mohammed Azharul Roraima Group Gil Lamberto Villanueva Christen Madsen- Zimbabwe Posts (Pvt) Ltd. Huq Lacson Oesterbye Francisco Alcides Michael David Fletcher Women’s World Ban Pintail Ministry of Expatriates’ Welfare Ortega Kent Iene Muliati and Overseas Employment World Bank Envios 22-24, Inc. Azimo Dimy Laloi Barbara Magnoni CAPOSAJ EA Consultants Anslem Esimero Joseph Chiedu Keshi Oshionebo Rouelisa Lanche Braced Commission Francesco Manetti Ping Express Small World Money Transfer Fmtv.eu

29 P Pai Rahul Ranjith Jeaniepher Zabrina Jannie Luz Sebastian Mafoday Sonko Abdulkader Thomas Raymon Pal UAE Exchange Centre LLC Rodas Briones LumoXchange SHAPE Knowledge Uniteller Satwiksai Seshasai Farida Paramita Gaurav Raizada THE SEGOVIA Luis Fernando Sosa Paul Wulu Thomas BrightFront Group Wall Street Finance (Canada) Roberta Romano CCS Ministry of Posts Ltd. IOM Riccardo Settimo Daksheshkumar Banca D’Italia Barbara E Span Obert Upneesh Thukral Bhupendrakumar Patel Sarveswaran Raja Gopal Steven James Rosamilia Pangea Universal Holdings Bibi Atefa Shah John Spooney ZymPay Merchantrade Asia Johnny Rosario The Economist Intelligence UN Entities/Organizations Kathryn Bisignani Joel Patenaude SM Rakibuzzaman MoneyGram International Unit Tomasofsky James Ian Stewart J2 Partners, Inc. Placid NK Corporation MSBA Livia Oro Shallon Planning Institut Kalyani Pateti Ami Bernard IFAD Fred Tony Thomas E. Stokes III UAE Exchange Centre LLC Rakotoarivelo S Caribbean Airmail Anuj Sharma FDIC Maria Victoria Saenz Anuj S Sharma & C Gil Haim Torovezky Kamal Paudel Michel Louis Jean Marie Subhida uk Ltd. K Veeran Ramasamy Samper SF Global Holding Merchantrade Asia Sachin Sharma Stuijt Taina Pena Fabian Saide Gonzalez RBI Eurogiro A/S Mamadou Toure TransferWise Komal Bhoopendra PayKii Numherit S.A. Rathi Inga Shirakyan Sergio Luis Perez Ruiz Marc Magdy Sadek Central Bank RA Victor Daniel Trías Salama MoreMoneyTransfer Vladmir Barihoda T Espinosa Ratsimandresy UAE Exchange Centre LLC Onike Laura Manja DT Consultores Charles Reginald Member State Shorunkeh-Sawyerr Toshitaka Takeuchi Plaisimond Sikanerou Salifou GIZ JICA Bhairav Surendra Trivedi Civic Hire Berthine Personal Razaiarimanana Gerard Paul Sandt Ashish Shrestha Wei Chee Tan Frédéric Ponsot IDT Corporation MachNet Technologies Inc. Tranglo Sdn. Bhd. Magalis Troncoso de IFAD Samir Razuk Filho P. Ltd. Lama Inyo VInc.enzina Santoro Chandra Tandan Laura Porras Alfaro UN Entities/Organizations Rose Sarita Shuman City Express Money Transfer Constance Ruth Inter America Bhola Nath Regmi BrightFront Group Tzioumis Rural Microfinance Mouhamadou Sarr Heidi Tavakoli Hedayat U.S. Department of State Development Centre Ltd. FASNI Ashley Koh Ker Sing Pour MatchMove Pay Pte Ltd. Commonwealth Blanca Estela Resendez Elina Scheja R Bancomer Transfer Services UN Entities/Organizations Christy Lynne Sisko Donald Francis Terry Chemonics International IFAD U Gillian Radusin Daniel Alexander Independent Eva Helga Richter Claudia Alejandra Urjel Poverty Elimination and Schwartz Annie Mafotsing Soh Elizabeth Byrne Terry Lopez Videla Lalaina Community Education Fnd. Mastercard SmartRemitt, LLC n/a Pontual Money Transfer Raharimboahangy Ronald N. Schwartzman Member State UniTeller

30 V Y Bibiana Vasquez Julia Rose Yansura IFAD Inter-American Dialogue Salvador Velazquez Briseno Mohr World Consul Z Angelino Casio Giovanni Patricia Zoundi Epse Viceisza Yao Spelman College QuickCash

Colin Vickerie The Roraima Group Francisco Gabriel Villarreal Tapia UN ECLAC

W Hamse Warfa BanQu Keiko Sweetie Watanabe Sibton Switch Systems Ltd. Ronald James Webb Jonas Dominik William Wehgartner Priimo Christopher David Stewart Williams RTpay Amanda Elaine Williams

Valerie Wolff ICMPD

31 Useful information

Registration Accommodation Private sector day – 15 June Participation in the GFRID2017 will be free of Due to the high season in New York and the many UN Headquarters, Delegates Dining Room charge, and by invitation only. Priority will be other concurring events, it might be difficult to find The first day of the GFRID2017 will take place at given to previous Forum attendees and selected suitable hotels at reasonable rates. For this reason, the United Nations Headquarters, Delegates Dining stakeholders from public and private sectors, and we strongly recommend that you secure your Room, located between 1st Avenue and 46th Street. the civil society. Should you wish to participate, accommodation as soon as possible. www.visit.un.org/content/delegates-dining-room please send an e-mail to [email protected] A number of options will be provided on the and you will receive a note of interest to submit. To GFRID webpage. Family remittances day – 16 June secure the limited space available, your request will UN Headquarters be reviewed by the GFRID2017 Organizing Team, Morning: Delegates Dining Room and will follow an approval process. Within 48 hours, Afternoon: Conference Room 4 once your participation is confirmed, you may book www.visit.un.org your accommodation accordingly. Due to the high security required to access the UN premises, registration on the spot will not be allowed. Please note that no sponsorhip is available for any participant to cover his/her travel and accommodation.

Visa For all visa requirements, please visit: travel.state.gov/content/visas/en.html Kindly note that the Forum organizers are not responsible for visa issuance.

Getting to the venue To the UN Headquarters: visit.un.org/content/location

32 The organizers

The International Fund for Agricultural The World Bank’s Finance and Markets Global The United Nations Department of Economic and Development and its Financing Facility Practice Social Affairs for Remittances The World Bank Group works to promote financial stability Population Division: The Population Division supports IFAD, a specialized agency of the United Nations, was and to develop diversified, efficient and inclusive financial intergovernmental processes on population, international established as an international financial institution in systems at the global and country level. The work of the migration and development in the General Assembly and 1977 as one of the major outcomes of the 1974 World Finance and Markets Global Practice Team supports the Economic and Social Council. The Division produces Food Conference. IFAD’s mandate is to invest in rural less developed countries and the global community in official United Nations estimates of key population and people to eradicate poverty in developing countries. addressing most pressing financial-sector challenges. migration levels, trends and indicators at regular intervals. Working with poor rural people, governments, donors, At the global level, the Team is engaged in the agendas The Division serves as the focal point for the Global non-governmental organizations and many other driven by the G20, the Financial Stability Board and other Migration Group in the Department of Economic and partners, IFAD focuses on country-specific solutions, standard-setting bodies, and the United Nations. It works Social Affairs. which can involve increasing poor rural people’s hand-in-hand with governments to develop a sound Financing for Development Office: The Financing for access to financial services, markets, technology, financial infrastructure and enabling regulatory framework, Development Office (FfDO) was established within UN- land and other natural resources. IFAD’s multi-donor establish local capital markets, promote private-sector DESA in 2003. The FfDO supports the follow-up process Financing Facility for Remittances (FFR) aims to development and improve financial access and inclusion within the UN to the agreements and commitments maximize the impact of remittances on development for individuals and small businesses. As part of the global reached at the International Conferences on Financing and promote diaspora engagement in their countries work on sustainable development, the World Bank plays for Development, and financing for development-related of origin. Through advocacy, innovative projects and a leading role in developing new and innovative sources aspects of the outcomes of major UN conferences and partnerships, initiatives promoted by the FFR have of long-term finance, such as developing local capital summits in the economic and social fields. contributed to a raised awareness on the link between markets, to help meet the SDGs. www.un.org/development/desa remittances and development, and its transformative www.worldbank.org impact in rural areas. www.ifad.org

In collaboration with

www.iamtn.org www.gsma.com http://imtconferences.com www.wsbi-esbg.org www.microfinancegateway.org

33 International Fund for Agricultural Development For more information, contact us at Financing Facility for Remittances [email protected] Via Paolo di Dono, 44 – 00142 Rome, Italy June 2017 June Tel: +39 06 5459 2012 – Fax: +39 06 5043 463 phone E-mail: [email protected] New York +1.212.963.1166 www.ifad.org Rome +39.06.5459.2711 www.RemittancesGateway.org ifad-un.blogspot.com and follow us at www.facebook.com/ifad www.ifad.org/remittances instagram.com/ifadnews www.RemittancesGateway.org www.twitter.com/ifadnews www.youtube.com/user/ifadTV

The FFR partners: