March 5, 2015
Financial Research Center (FSA Institute)

ADBI-Japan-OECD High-level Global Symposium
Promoting Better Lifetime Planning through Financial Education

The Financial Services Agency hosted “ADBI-Japan-OECD High-level Global Symposium: Promoting Better Lifetime Planning through Financial Education” jointly with the Organisation for Economic Co-operation and Development (OECD), the Asian Development Bank Institute (ADBI), and the Bank of Japan on January 22-23, 2015. Presentations on financial education, financial inclusion and financial regulation with many country examples and experiences including OECD/INFE research were made and extensive discussions were held at the symposium. The symposium was attended by more than 140 participants, from academia, the financial sector, and the government sector in Japan and abroad.

At the start of the symposium, Takao Ochi, Parliamentary Vice-Minister of Cabinet Office, and Rintaro Tamaki, OECD Deputy Secretary-General, made welcoming remarks. Then, presentations and discussions were held in five sessions. There was a special address by Kikuo Iwata, Deputy Governor of the Bank of Japan, on the second day of the symposium.

See below for the program of the symposium and presentation materials.

Program (PDF:557KB), Materials

 

ADBI-JAPAN-OECD HIGH-LEVEL GLOBAL SYMPOSIUM
Promoting Better Lifetime Planning through Financial Education
Jointly Organized by the FSA, OECD, ADBI, BOJ
Supported by Japanese Bankers Association, Japan Securities Dealers Association, Life Insurance Association of Japan and General Insurance Association of Japan
Date: January 22-23, 2015
Venue: ADBI Conference room B&C, Kasumigaseki Building 8F,
3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo, Japan

Agenda

Day 1
10:00-10:20	Welcoming Remarks Takao Ochi, Parliamentary Vice-Minister of Cabinet Office Rintaro Tamaki, OECD Deputy Secretary-General
10:20-11:50	Session I: Financial education: what can it achieve? Research, good practices and evidence
Moderator: Jae Ha Park, Deputy Dean, Asian Development Bank Institute (ADBI) Materials Speakers Flore-Anne Messy, Deputy Head, Financial Affairs Division, OECD and Executive Secretary of the OECD/International Network on Financial Education (INFE) Presentation slides（PDF：2,129KB） Naoyuki Yoshino, Dean, ADBI and Chief Advisor, FSA Institute Presentation slides(PDF:1,706KB) Ganeshan Wignaraja, Director of Research, ADBI Peter Morgan, Senior Consultant for Research, ADBI David Boyle, Commission for Financial Capability (CFFC), New Zealand Presentation slides(PDF:498KB) Commentator Sue Lewis, Chair, UK Financial Services Consumer Panel -
13:30-15:00	Session II: Financial education for effective pension management: Challenges and solutions
Moderator: Elsa Fornero, Professor, University of Turin and Center for Research on Pensions and Welfare Policies Materials Speakers Adele Atkinson, Policy Analyst, Financial Affairs Division, OECD Presentation slides(PDF:237KB) Anna Zelentsova, Head of Financial Literacy at Ministry of Finance, and Co-chair of the Global Partnership on Financial Inclusion Presentation slides(PDF:1,079KB) Julie Agnew, Director of Boehly Center for Excellence in Finance, Mason School of Business, US Presentation slides(PDF:1,565KB) Miles Larbey, Senior Executive Leader, Financial Literacy, Australian Securities and Investments Commission (ASIC) Presentation slides(PDF:780KB)
15:20-17:00	Session III: Target audiences for effective financial education
Moderator: Flore-Anne Messy, Deputy Head, Financial Affairs Division, OECD and Executive Secretary of the OECD/INFE Materials Speakers Ryoko Okazaki, Director, Head of Promotion of Financial Education Group, Public Relations Department, Bank of Japan Presentation slides(PDF:118KB) Naoyuki Yoshino, Dean, ADBI and Chief Advisor, FSA Institute Presentation slides(PDF:1,086KB) Nobuyoshi Yamori, Professor, Research Institute for Economics & Business Administration, Kobe University Katsuyasu Suzuki, President, Japan Institute of Life Insurance and Professor, Faculty of Law, Teikyo University Presentation slides(PDF:379KB) Kazumasa Fukada, Managing Director, General Insurance Association of Japan Presentation slides(PDF:714KB) Hiroshi Ohata, Director for Policy Planning and Research, Policy and Legal Division, Planning and Coordination Bureau, FSA Presentation slides(PDF:220KB) Miles Larbey, Senior Executive Leader, Financial Literacy, ASIC Presentation slides(PDF:788KB) Commentator Anna Zelentsova, Head of Financial Literacy at Ministry of Finance, and Co-chair of the Global Partnership on Financial Inclusion -
Day 2
10:00-10:20	Special Address “Financial Education in Japan: Challenges Presented by the Aging Population and Declining Birthrate” Kikuo Iwata, Deputy Governor, Bank of Japan https://www.boj.or.jp/en/announcements/press/koen_2015/ko150123a.htm/ (click the link above to see the full text of the Special Address)
10:20-11:50	Session IV: Financial Inclusion, Financial Regulation and Financial Education in Asia
Moderator: Ganeshan Wignaraja, Director of Research, ADBI Materials Speakers Muliaman D. Hadad, Chairman, Financial Services Authority Indonesia Presentation slides(PDF:852KB) Saeed Ahmed, Director, Agriculture Credit & Microfinance Department, State Bank of Pakistan Presentation slides(PDF:584KB) Atty. Prudence Angelita A. Kasala, Head of the Financial Consumer Protection Department, Banko Sentral ng Philipinas Presentation slides(PDF:721KB) Nguyen Vinh Hung, Deputy Director General, International Department, State Bank of Vietnam Presentation slides(PDF:456KB) Nichaya Kosolwongse, Visiting Fellow, Asian Financial Partnership Center, FSA, Securities and Exchange Commission of Thailand Presentation slides(PDF:1,043KB)
11:50-12:50	Session V: Wrap up
Moderator: Naoyuki Yoshino, Dean, ADBI and Chief Advisor, FSA Institute Panelists: Satoshi Saito, Director, Head of Financial Services Information Division, Public Relations Department, Bank of Japan Flore-Anne Messy, Deputy Head, Financial Affairs Division, OECD and Executive Secretary of the OECD/INFE Miles Larbey, Senior Executive Leader, Financial Literacy, ASIC and member of the OECD/INFE Advisory Board Nguyen Vinh Hung, Deputy Director General, International Department, State Bank of Vietnam
12:50-13:00	Closing Remarks Rintaro Tamaki, OECD Deputy Secretary-General