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Financial Education Conference

Evolution, Revolution - Financial Education in the digital age

Venue: WSBI-ESBG premises, Rue Marie-Thérèse 11, B-1000 Brussels ​


Programme




9.00 - 9.05

9.05 - 9.25
Opening speeches

Opening introductory statement by Mr Chris De Noose, Managing Director, WSBI-ESBG

Keynote by Dr Anna Maria Lusardi

Denit Trust Chair of Economics and Accountancy at the George Washington University School of Business (GWSB), Founde​r and academic director of GWSB’s Global Financial Literacy Excellence Center (GFLEC), Worldwide academic authority in the field of financial education and author of the report Millennial Mobile Payment Users: A Look into their Personal Finances and Financial Behaviors

​​​​9.25-10.45

Panel 1​: Role of financial education in the digital era

What kind of guidance do we need in respect of financial education and digital, what could be the role of financial education in the rise of cryptocurrencies, ICOs, robo-advice, etc? Are consumer protection concerns being addressed properly?
Outset: Financial literacy is as important today as other "literacy" such as reading, writing, numeracy and digital. In this respect,
  • There are increasingly more and mre new digital tools available to broaden the outreach of financial education and inclusion;
  • The rise of crypto-assets, ICOs etc ... leads to increasing consumer protection concerns. What role for FE according to policy makers? 

    Confirmed panellists:
    • Dr Mario Nava - Director Horizontal Policies - DG FISMA, European Commision  
    • Mr Fernando Tejada - Director, Market Conduct and Claims Department, Bank of Spain
    • Mr Wolfgang Neumann - Chairman WSBI-ESBG Coordination Committee
10.45-11.15
Coffee Break

11.15-11.25
Keynote introductory address by Florence Raineix, Managing Director FNCE / President Finances & Pédagogie

New opportunities for financial education in the digital era: the French case with Finances & Pédagogie.  

11.25-13.00

Panel 2: Standards and evaluation in the digital era
Evaluation of programmes remains a challenge; however, it is desirable to improve in this field to ensure quality programmes and impact. In this respect, are current standards and evaluation methods fit to take into account the digital dimension?  The outline is that financial education should continue to evolve along with trends, such as digitisation, in order to ensure that handled topics, learning methods and evaluation tools are up to date. Against this background, sharing financial education initiatives and experiences prove to be crucial in order to enable policy coherence and standardized approaches in the evaluation of the programmes. Is there enough research?

    • Mr Andrea Grifoni - Policy Analyst, Financial Education and Consumer Protection Unit, OECD
    • Dr Lukas Menkhoff - Head of Department, International Economics, DIW Berlin - German Institute for Economic Research
    • Ms Danièle Vander Espt - Director Financial Education at Financial Services and Markets Authority - FSMA 
13.00-14.30
Lunch
  
14.30-16.00

Panel 3: Joint WSBI-ESBG and Parents International Initiative - Presentation of "Set of Financial Literacy Skills"
Presentation of the set of Financial Literacy Skills jointly developed by WSBI-ESBG experts and Parents International experts. This panel discussion with the ex​perts, both from WSBI- ESBG and Parents International will encompass a presentation of the initiative, including the rationale for it in today's context, the main questions that needed to be answered and the role of the industry and WSBI-ESBG members. 

    • Ms Eszter Salamon- Director, Parents International 
    • Mr Philip List - Director, FLiP
    • Ms Korina Dörr - German Savings Banks Association
    • Ms Dana Adriana Puia Morel - Policy Officer, Digitalisation of the Single Market, European Commission ​

16.00-16.10 

Closing Remarks