Program

Draft Program of the Anniversary XV National Conference on Microfinance and Financial Inclusion "Microfinance: Revolution"

November 16, 2016

8:00 am - 6:00 pm Conference Registration
09:30-11:30 am Opening of the XIV Policy Forum. Plenary Session
11:30 am -12:00 pm Coffee Break
12:30 – 1:30 pm Breakout Sessions of the Forum

Commercial Microfinance Organizations Non-Commercial Microfinance Organizations Consumer Credit Cooperatives, including agricultural cooperatives Pawnshops
1:00-2:00 pm Closing of the XIV Policy Forum. Plenary Session
4:00 - 6:00 pm 1.Opening of the Conference. Plenary Session
Revolutionary changes in the microfinance industry regulation. From standard to risk-oriented supervision: use of various supervisory tools (prudential*, behavioral**) depending on market participant risk profiles and relative market power.
6:00 - 7:00 pm Twelfth Annual Russian Citi Microentrepreneurship Award Ceremony
7:00-9:00 pm Welcome Cocktail
November 17, 2016
9:30-11:30 am 2.Panel Discussion.
The future of microfinance from the market and regulator's perspectives.  Required self-regulation as an incentive to development. New approaches to financial support of small and medium-sized enterprise.
11:30 am -12:00 pm Coffee Break
12:30 – 1:30 pm

3.1 Discussion.

Protecting the rights of MFI, consumer credit cooperative and pawnshop service consumers as objective of behavioral supervision.  What is included in our basic service standards and how are we going to comply with them? Consumer financial literacy: why lenders benefit.

3.2 Discussion.

SME finance. New SME financing technologies: a fad, a competitive advantage or a vital necessity? Lessons learned and new opportunities for engaging with state corporations, banks, government authorities, and municipalities.

3.3 Discussion.

Self-regulation and standardization in the microfinance market: needs, results and expectations.

3.4 Training Session.

Transition to a single chart of accounts and industry accounting standards: taking small steps forward. Whether or not everyone will be there on time.

1:30-3:00 pm Lunch
3:00-4:30 pm

4.1 Discussion.

Everything – or almost everything – about risk management in MFIs, consumer credit cooperatives and pawnshops!  How to build risk management systems, integrate risk management standards, analyze, assess and mitigate risks.

4.2 Discussion.

Inspections of MFIs, CCCs and pawnshops by government agencies and the Bank of Russia: scope of authority and limitations, procedures and results.

4.3 Discussion.

Combating money laundering and terrorist financing. Simplified internal controls and increased responsibility

4.3 Discussion.

Combating money laundering and terrorist financing. Simplified internal controls and increased responsibility

4:30-5:00 pm Coffee Break
5:00-6:30 pm 5. Roundtables for Type Segments of the Microfinance Market. Success Stories from Industry Leaders.

5.1 Commercial MFOs 5.1 Commercial MFOs 5.3 Consumer Credit Cooperatives, including agricultural 5.4 Pawnshops
7:00 – 11:30 pm Gala Dinner in Honor of Conference Participants and Tenth Anniversary of NAMMS
November 18, 2016
9:30-11:30 am

6. Debate

Information Space and Public Outlook on Microfinance: Promoting Positive Perceptions!  

6.1 Master class and presentation of market infrastructure projects on automation of microfinance operations 6.2 Master class and presentation of market infrastructure projects on payment services 6.3 Master class and presentation of market infrastructure projects on scoring procedures 6.2 Master class and presentation of market infrastructure projects on accounting
11:00-11:30 am Coffee Break
12:30 – 1:30 pm

7.1 Discussion.

Facing a difficult choice: microfinance or microcredit companies, or MFOs financing businesses? Advantages and opportunities vs. limitations and added responsibilities.

7.2 Discussion.

The Law on Consumer Credit: new details. How to comply and calculate full loan value in accordance with regulatory restrictions.

7.3 Discussion.

New reporting requirements for CCCs, MFOs and pawnshops as objective for off-site supervision: points of reference, loan loss reserves calculation and allocation, managing debt and hard cash transactions.

7.4 Discussion.

Microfinance specialists: who are they? Personnel: finding the right people, motivating them to perform or letting them go. Business reputation and qualifications requirements: a barrier to misconduct or a new regulatory burden?

1:30-2:30 pm Extended Coffee Break
2:30-4:00 pm

8.1 Discussion.

Lender and debtor bankruptcies: who benefits?   Procedures, areas which require particular attention, and established practices. Alternatives to bankruptcy as a way to avoid liquidation.

8.2 Discussion.

Who can safeguard member savings: the credit cooperative? SRO? Guarantee Fund? Cooperative Bank? ...

8.3 Discussion.

Big Data: seeing the world in quantitative terms! New microfinance products, technology and terminology: blockchain, peer-to-peer lending, crowdfunding, etc. Opportunities and risks. Online loans: new prospects and persistent limitations.

8.4 Discussion.

Debt recovery: whether debt collection can be both effective and legal.

4:00-4:30 pm Closing of the Conference

* Prudential supervision refers to oversight of institutions' compliance with government-established standards of sustainability, including required financial ratios.

** Behavioral supervision refers to oversight of market participants' behavior towards consumers of their services.

This draft program of the Conference may be subject to change. Stay tuned!