The New Perspectives sessions are organised by the Knowledge Partners of the Forum. Each partner will present for 15 minutes, followed by 15 minutes of exchange with the audience.
Fintecgrity: Leveraging Fintech for Enhancing IntegrityOrganised by NDB (New Development Bank)The session deals with use-cases from BRICS member countries deploying fintech solutions (particularly block-chain) for promoting integrity in public finance. These cases, from Brazil, China and India deal with various ways in which the distributed ledger technology applications are being used for enhanced transparency of information disclosure, land record management and prevention of tax system abuse. In particular, the session is expected to focus on learning from deployment of pilot projects of these use-cases and the aspects that need consideration for full-scale roll-out of fintech solutions for stated purpose.
- Deepak BHATIA, Assistant General Manager, Export-Import Bank of India
- Vanessa DA ROCHA SANTOS ALMEIDA, Manager, BNDES, Department of System Development
- Xiaochen ZHANG, President, FinTech4Good
- Moderator : Srinivas YANAMANDRA, Chief, New Development Bank
AI for Anti-Corruption: Potential, Pathways, and ChallengesOrganised by The Future SocietyAI technologies hold a great potential to detect fraudulent behaviors and systems, and to improve transparency. However, as these systems scale, major challenges are appearing in terms of ethics, governance, and risk management. As such, the role of governance becomes increasingly centered on the need to strike the right balance between capturing the upsides of the AI revolution, while mitigating the downside risks. The Future Society will host a debate with two practitioners to discuss two AI use-cases related to anti-money laundering and price monitoring for anti-corruption investigation. The debate will focus on the innovation potential, ethical risks, adoption challenges, and how the three are inextricably imbricated. Overall, the discussion will aim to deliver actionable insights to policy-makers, business and civil society leaders on the use of AI-powered technologies for anti-corruption and integrity.
- Edouard-Francois DE LENCQUESAING, President, European Institute of Financial Regulation (EIFR)
- Alessandro EVANGELISTI, Finance and Supply Chain Evangelist South Europe, Oracle
- Moderator : Raziye BUSE CETIN, AI Policy Researcher, The Future Society
What Cryptocurrencies Mean for Political Finance?Organised by International Institute for Democracy and Electoral Assistance (IDEA)While the ICT can be a major driver to increase transparency and accountability in political finance, it can also pose new regulatory challenges. For example, the emerging use of cryptocurrencies can have a profound effect on the integrity of politics for better or worse. Depending on the design, some cryptocurrencies could make it almost impossible to identify the sources and destinations of the transaction. Cryptocurrencies could be exploited to circumvent many existing political finance regulations such as donation bans from foreign and anonymous sources. International IDEA and the UNODC will launch a report that assesses current state of cryptocurrencies, particularly focusing on their potential implications for political finance regulation and monitoring. Based on the findings of the report, this session will discuss challenges and opportunities brought by cryptocurrencies as well as explore policy options for electoral management bodies and anti-corruption agencies.
- Yukihiko HAMADA, Senior Programme Officer, International Institute for Democracy and Electoral Assistance (IDEA)
- Coline MECHINAUD-DESMEDT, Consultant – Cybercrime and Anti-Money Laundering Section, United-Nations Office on Drugs and Crime (UNODC)
