Global Standards Proportionality Working Group (GSPWG) and Digital Financial Services Working Group (DFSWG) Webinar on Digital ID & e-KYC amidst the COVID-19 Pandemic & Beyond Webinar

AFI is organizing a webinar on Digital ID and e-KYC for Financial Inclusion amidst the COVID-19 Pandemic and Beyond scheduled to be held on June 11, 2020 at 13:00 (UTC). 

The AFI network wide webinar will feature a plenary of financial regulators, standard setters and private sector representatives who will discuss the role of digital ID for financial inclusion in response to the global emergency and for the recovery from COVID-19 global pandemic. These include government and commercial digital ID solutions for e-KYC, AML/CFT implications, and concerns related to data privacy and protection, cybersecurity, and awareness or education among end-users.

The COVID-19 global pandemic has impacted the world at varying levels. However, what is observed to be consistent across all our experiences is the irrefutable importance of digital identity (ID) during a time when movement restrictions have been strictly imposed and physical distancing dutifully enforced to prioritize the health and wellbeing of society.

Almost overnight, there was a renewed reliance on technology and the internet to maintain economic activities ranging from access to banking, government social assistance programs, and other critical financial services which have necessitated the need for secure, user-friendly ways to verify identities online. While digital ID is important for modernizing financial systems and accelerating financial inclusion, there is an equally urgent necessity to be proactive in innovatively devising policy and regulation that comply to AML/CFT standards and safeguard financial integrity using a risk-based approach (RBA).
 
Please confirm your participation by Tuesday, 9 June 2020, 10:00 (UTC).

Should you have any questions regarding this webinar or how to participate, please contact GSPWG@afi-global.org.