FX and Payments: It’s Time for Transparency

Online symposium using interactive Zoom.

Wednesday, June 17th from 1:00pm until 4:00pm, UK time

Sponsorship opportunities available – please get in touch

Executive summary

 
Without being too dramatic about it, the FX and Payments Sectors are hardly known for their transparency – let’s just say there is a “ample room for improvement”. 

 

Some within the TTF community are concerned the FX and Payments Sectors are still not yet delivering the outcomes they should be; and are wondering what’s holding back progress. 

 

Are there conflicts of interest in the system?

 

Are the FX and Payments Sectors starting to show signs of being self-serving?

 

Is the focus drifting towards the ongoing commercial success of the FX and Payments Sectors themselves, rather than on driving the best possible outcomes for the markets they serve?

 

Are there any other issues that you would recommend the event covers?

 

If you want real and meaningful improvements to the FX and Payments Sectors, please “stand up, not stand by” – we need all the help we can get to galvanise support to drive the positive, progressive and purposeful finance reform.

 

If you are on the same wavelength, please don’t ‘stand by’, please ‘stand up’ – we need all the help we can get to galvanise support for radical and rapid reform, before it is too late.

All places need to be booked in advance, please

To secure your place, please first click on the button below, then read the notes that explain the 4 ticket options (Standard, For TTF Fellows, Discounted and Press Pass) and then book your place.

Once your place is secured, we will Email all the details you need to be able to access the event through interactive Zoom.

For queries, please Email andy.agathangelou@transparencytaskforce.org

What’s the purpose of this symposium?

This symposium represents one more step forward in our collective efforts to galvanise support for positive, progressive and purposeful finance reform, for the benefit of all.

Our event is being run as part of a major international project about creating an over-arching framework for finance reform. At the heart of that framework for finance reform are the 12 Finance Development Goals that we are developing with the input from many members around the world. 

We already know that the financial services sector as a whole has a significant reputation problem – the key takeaway from the Edelman Trust Barometer is:

“…at 57 percent trust among the general population, financial services remain the least-trusted sector measured by the Trust Barometer.”

…and that’s obviously a major issue for a sector that has to be trusted to function successfully.

It is clear that there is far too much adverse publicity about the financial services sector; and that it is having a long-lasting and highly damaging effect on the reputational integrity of the sector. 

This is a serious and systemic issue that needs to be resolved.

Our symposium creates a first-class opportunity for a wide range of stakeholders to share their thoughts around what needs to be done; how best to do it and who should take responsibility for fixing what seems to be broken; or at least very badly damaged. 

You can expect to be ‘amongst’ progressively minded and collaboratively minded people.

On the basis that “progress begins with realism” we will be facilitating the kind of candid yet constructive discussions that are needed to help move matters forward.

We are expecting this to be a particularly lively symposium because we will be creating a forum for people to “say it as they see it” 

We don’t think any one person or organisation has all the answers; and we also think that all answers are worth listening to, so if you’ve got a point of view that you’d like to share, this is definitely an event for you.

Format

We’re in trying times; so, it’s time for agility and adaptability, resilience and innovation.

As a consequence, this symposium is being run as an online event.

We will be using interactive Zoom, a highly effective online platform which means we can run this symposium as an ultra-convenient and wonderfully efficient thought-leadership event for you; all this, without you needing to leave your home or office.

You’ll just need access to a computer with Broadband connection. 

We will be structuring the event in such a way that it will be as engaging and as interactive as we can possibly make it. We’ll  be working hard to create as “life-like” an event as possible, with every opportunity taken to create interaction and engagement.

There will be several presentations with Q&A sessions; breakout sessions where attendees will be able to discuss particular topics amongst themselves and then report back on their findings; and an open discussion and debate session towards the end.

Here’s the programme and timings, so far*

13:00

Welcome to the symposium, brief introductions and initial exploration of the main issues, by 

Andy Agathangelou FTTF FRSA, Founder, Transparency Task Force; Governor, Pensions Policy Institute; former Founding Chair, Friends of Automatic Enrolment; former Founding Chair, Association of Member Nominated Trustees.

https://www.linkedin.com/in/andy-agathangelou-02953113

13:30

Presentation #1, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Flora Coleman, Head of Global Campaigns, Policy and Regulatory Strategy at Transferwise; former Associate Director at MHB Communications; former Communications & Policy Adviser (pro-bono) at 5Rights; former Special Adviser to the UK Government responsible for delivery of legislation in the UK Upper House and EU related policy and engagement; former Political Adviser to Conservative Party;  former Assistant to the  Opposition Whips

https://www.linkedin.com/in/floracoleman/

and

Jessica Bilcock, Head of Government Relations at Transferwise

https://www.linkedin.com/in/jessica-bilcock-941196177/

13:45

Presentation #2, for 10 minutes + 5 minutes Q&A with facilitated discussion by

Helen Scott, Founder & CEO at Eris FX Ltd; former Senior Investment Manager at Seymour Pierce; former Financial Translator Japanese at Financial Times; former Head of Department at Société Générale; former Senior Trader at Daiwa Securities

https://www.linkedin.com/in/helenscott4x/

14:00

Short leg-stretch and comfort break, for 15 minutes

14:15

Presentation #3, for 10 minutes + 5 minutes Q&A with facilitated discussion by

Mark Falcon, Director at Zephyre; former Associate Faculty at Imperial College Buisness School; former External Adviser and Strategic Policy Planner at Which?; former Council Member at Gerson Lehrman Group; former Specialist Adviser, Treasury Committee at House of Commons; former Executive Director and Head of Regulatory Policy & Strategy at Payment Systems Regulator; former Head of Economic Regulation at Three; former Financial Services Lead, Manager and Consultant at Frontier Economics; former Consultant and Analyst at London Economics

https://www.linkedin.com/in/mark-falcon-783a144/

14:30

Breakout & Report Back Session, on “What are the greatest challenges; and how should they be tackled?” for 30 minutes in total

 – 20 minutes for discussion within the Breakout Group

and

 – 10 minutes for the Report Back session 

15:00

Presentation #4, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Ian Tyler, Chairman, independent NED and Senior Asvisor to Banks, Investment Firms and Fintechs; Non-Executive Director at GAIN Capital, Chairman at Lintel Financial Services Ltd; Non-Executive Director at TreasurySpring; Senior Advisor/Consultant at Alvarez & Marsal; former Managing Director of Financial Industry Advisory Services at Alvarez & Marsal; former Partner of Financial Institutions Treasury Advisory, Banking and Capital Markets at Deloitte; former Group Treasurer at Tesco Bank, Former Group Head of Capital at Royal Bank of Scotland; former Head of Non-Trading Market Risk Management at Royal Bank of Scotland; former Senior Manager, Group Treasury at Royal Bank of Scotland; former Senior Manager at NatWest; former Treasury Liaison Manager at Royal Bank of Scotland; former Senior Treasury Manager and Senior Project Manager at Barclays

https://www.linkedin.com/in/ian-tyler-80663520/

15:15

Short leg-stretch and comfort break, for 15 minutes

15:30

Presentation #5, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Elizabeth Salas Evans, President & Chief Compliance Officer, Cayena Capital Management, LLC; Visiting Scholar at Morgan Franklin Fellowship Foundation; Project Coordinator at Manchester Inclusivity & Equity Committee; former Associate at Curbstone Financial Management Corporation; former Global Trade Operations Analyst at Fidelity Investments; former Research Assistant at Windhaven Investment Management Inc.; former Associate Financial Consultant at Charles Schwab; former Investment Consultant at TD Ameritrade; former Private Client Specialist at Fidelity Investments

https://www.linkedin.com/in/elizabeth-salas-evans-85551420/

15:45

Open discussion & debate, 10 minutes

15:55

Final conclusions; and suggested next steps, by

Andy Agathangelou FTTF FRSA, Founder, Transparency Task Force; Governor, Pensions Policy Institute; former Founding Chair, Friends of Automatic Enrolment; former Founding Chair, Association of Member Nominated Trustees.

https://www.linkedin.com/in/andy-agathangelou-02953113

16:00

Final close

*The programme will continuously evolve so is subject to change.

 

All places need to be booked in advance, please

To secure your place, please first click on the button below, then read the notes that explain the 4 ticket options (Standard, For TTF Fellows, Discounted and Press Pass) and then book your place.

Once your place is secured, we will Email all the details you need to be able to access the event through interactive Zoom.

For queries, please Email andy.agathangelou@transparencytaskforce.org