Presentations by Panel

Panel 1: Overview of Remittances and Channels

Informal value transfer systems (IVTS) and their Mechanics - Nikos Passas, Ph.D., Northeastern University
The Movement to Formal Remittance Systems - Stephen Stout, Investment Research, UBS
Lessons from the U.S.-Mexico Remittances Corridor on Shifting from Informal to Formal Transfer Systems (APEC ARS Study) - Raul Hernandez-Coss, The World Bank

Panel 2: The Regulatory Impact - Balancing Regulations and Market Incentives

A Regulatory Framework for Informal Remittance Systems - Maud Bökkerink, IMF
New Regulations by Monetary Authority of Singapore & its impact on Formal Remittance Business - K. P. Munirathnam, Chief Executive, Indian Overseas Bank
A Regulatory Framework for Informal Remittance Systems - Joy Smallwood, IMF
FATF Standards Related to Money / Value Transfer - Vincent Schmoll, Principal Administrator, Financial Action Task Force

Panel 3: First Mile – Creating Points of Entry for Money Remitters

Microfinance International Corporation - Kai Schmitz, Chief Operating Officer, Microfinance International Corp.
Addressing Consumer Needs in Remittance Markets - Philip Yen, Executive Vice-President, Visa International Asia Pacific
Tulong Pinoy Movement, The Cyber NGO - Antonina Avisado Binsol, Founder, Tulong Pinoy Cyber-NGO

Panel 4: Intermediary – Strengthening Formal Channels I: Technology

Family Remittances, USA to LATAM - Moises Jaimes, President, Bancomer Transfer Services
Global Money Transfers: Can New Technologies Bring More Competition? - Gwenn Bezard, Senior Analyst, Celent Communications
Vigo Money Transfer - Mario Trujillo, Cheif Executive Officer, Vigo

Panel 5: Intermediary – Strengthening Formal Channels II: Developing Remittance Specific Products and Services

Philippine National Bank - Isabelita T. Manalastas, Managing Director/Regional Head,
PNB Tokyo Branch
The Japanese Bankers Association - Koshi Wada, General Manager, Operations Administration Dept., Japanese Banking Association
INFONOX - Safwan Shah, Ph.D., President, INFONOX (Dr. Shah was not able to attend the Symposium.)

Panel 6: Last Mile – Maximizing the Potential of Remittances

Rural Microbanks, Financial Services for Local Development - Isabel Cruz, Director, AMUCSS
Remittances in Credit Unions: Reaching New Members in Rural Areas - Anna Cora Evans, Development Finance Manager, World Council of Credit Unions
Maximizing the Development Potential of Remittances - Flordeliza L. Sarmiento, Executive Director, CARD

Panel 7: Going the Extra Mile – The Role of Government, Civil Society and NGOs

Remittances to Latin America: experiences, strategies and opportunities to incorporate people into savings and credit institutions - Manuel Orozco, Ph.D., Senior Research Associate, Georgetown University
The ADB Study on Enhancing the Efficiency of Filipino Overseas Workers Remittances - Ildefonso Bagasao, Asian Development Bank consultant for the study of overseas Filipino workers remittances, Chief of ERCOF
The Role of Government, Civil Society and NGOs - Lee Guat Keow, Senior Manager, Foreign Exchange Administration Department, Bank Negara Malaysia
Federal Deposit Insurance Cooperation - Michael Frias, Community Affairs Officer, Federal Deposit Insurance Corporation