Carrie Suen is the Senior Advisor at Ant Group, where she is responsible in driving Ant’s global strategies and thought leadership to bring more inclusive, green and sustainable changes to the ecosystem globally.
Carrie is a seasoned lawyer and has experience in wide range of subject matters ranging from fintech regulatory, corporate governance, M&A, equity offerings to listed companies compliance. Since joining Ant in 2014, Carrie has been at the forefront of the global digital payment and regulatory development, where she accumulated practical insight of the market pain points. Under her leadership, Ant’s International Legal team grew fourfold from 2017-2020, supporting over 100 markets/regions.
Carrie is a member of the Technical Governance Board of Mojaloop Foundation, a charity organization in promoting financial inclusion through open-source interoperable payments systems. Carrie also sits on the advisory board of the Emerging Payments Association Asia (EPAA) and represents EPAA on G20/FSB led cross-border payments - legal, regulatory and supervisory (LRS) taskforce.
Roundtable 4
Invite-Only
While the globalisation of supply chains offers myriad opportunities for MSMEs to scale and access new markets, the call for them to disclose, verify and track their sustainability performances may prove to be a hindrance in accessing the growing pools of green supply chains, business and financing opportunities.
Project Savannah was developed to help these MSMEs overcome the challenges they face in measuring and reporting their environmental, social and governance (ESG) performances. It seeks to do so through capacity building, simplified reporting and more accessible data.
In this session, participants will exchange views on how to strengthen resourcing and incentivisation for MSMEs to undertake such reporting, and how governments, international organisations and private sector players can coordinate support. Additionally, they will discuss how Project Savannah can be scaled more rapidly and efficiently, and to which priority markets, in order for its benefits to be promulgated to areas of greatest need.
This roundtable seeks to establish the foundations for a Project Savannah implementation playbook that outlines deployment strategies, best practices, and actionable steps for current and future participants.
Roundtable 3
Invite-Only
The UNDP, MAS, and other international parties have launched a concept called Universal Trusted Credentials (UTC). This unique concept will enable MSMEs to create digital identities and trusted credentials through a non-collaterized set of date points. Once these UTC are accepted by financial institutions, MSMEs will be able to access a wider and deeper level of financing. This concept has a huge potential to uplift MSMEs globally.
The UNDP will host a session for UTC introducing it as a concept, highlighting its current progress, and seeking areas for which it could further advance. The panel members include senior central bank leaders and financial institution partners.
The aims of the session are to:
1. Advance industry thinking on UTC and specifically around process and benefits.
2. Harness collective experience and best-practices.
3. Connect with different countries in order to expand and deepen UTC use in represented markets.
Roundtable 4
Invite-Only
Disparate regulatory and policy frameworks are some of the biggest obstacles to smooth cross-border payments. They expand the regulatory compliance burden across teh payment chain, increase the time for cross-border transactions, and introduce potential uncertainties among stakeholders.
In this roundtable, central bankers, industry experts and thought leaders from academia and the private sector are invited to advance the discussion on priority actions for achieving the G20 targets for enhancing cross-border payments in promoting an efficient legal, regulatory, and supervisory environment for cross-border payments while maintaining their safety, security, and integrity.
The first part of the roundtable will focus on expanding insights around existing challenges surrounding compliance in cross-border payments, policy, and regulatory interoperability. Meanwhile, the second part will explore the role of technology and standards, and their potential to improve policy and regulatory compliance outcomes for all stakeholders.
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