7-8 May 2008 - Washington DC, USA
This high-level international conference was co-organised by the OECD, as part of its on-going project on financial education, and the US Department of Treasury.
The main objective of this conference was to seek to advance and elevate dialogue on financial education in the international arena, share experiences, and discuss best practices, including OECD’s international principles and good practices, and look at applied research.
The conference notably covered national strategies on financial education; effective and innovative tools; issues related to credit opportunities and challenges; retirement savings and risk awareness on large-scale catastrophes; as well as challenges related to youth and underserved groups in respect of financial access and literacy.
This event attracted a wide international audience of high-level governmental officials and experts from public authorities and regulatory and supervisory bodies, as well as senior private sector representatives and academics from OECD and non-OECD countries.
Session 1 - National Strategy: Creation and Implementation
Chair - Mr. André Laboul, Head of Financial Affairs Division, OECD
Session 2 - Tools I: Diverse Approaches
Chair - Ursula Menke, Commissioner, Financial Consumer Agency of Canada
Martin J. Gruenberg, Vice Chairman, Federal Deposit Insurance Corporation and Chair of the Executive Council and President of the International Association of Deposit Insurers
Session 3 - Retirement Savings: New realities for Consumers
Chair - D. Swarup, Chairman, Pension Fund Regulatory and Development Authority, India
Session 4 - Risk Awareness: Enhancing Education and Protection of Households on Large-Scale Risks
Chair - Manuel Aguilera-Verdusco, Chair of the Comisión Nacional de Seguros y Fianzas CNSF, Mexico, Chair of the OECD Insurance and Private Pensions Committee
Michael Ian King of Barbados, Chair of the Permanent Council of the Organization of American States
Anna Escobedo Cabral, United States Treasurer
James Flaherty, Minister of Finance, Canada
Session 5 - Credit: Challenges and Opportunities
Chair - Thomas Wieser, Director General for Economic Policy and Financial Markets, Federal Ministry of Finance, Austria, Chair of the OECD Committee on Financial Markets
Session 6 - Tools II
Chair - Dan Iannicola, Jr., Deputy Assistant Secretary for Financial Education, United States
Session 7 - Youth Financial Literacy: Development, Delivery and Execution of Programs
Chair - Erik Pointillart, Chair of the Institut pour l’Éducation Financière and General Director Caisse d’Epargne, France
Session 8 - Underserved Groups: Greater Financial Access through Education
Chair - Christopher F. Egan, U.S. Ambassador to the OECD
Session 9 - Wrap Up Session