The Chairman of the FSMA and IOSCO Chair Jean-Paul Servais was honoured to speak this week in Basel on the links between IOSCO’s work and financial health, alongside H. M. Queen Máxima of the Netherlands, in her capacity as the UN Secretary-General’s Special Advocate for Financial Health, the BIS General Manager Pablo de Cos, and Mr Eli Remolona, Governor of the Central Bank of the Philippines. The workshop focused on achieving stability, resilience, and inclusive growth through financial health.
Jean-Paul Servais stressed that technology in finance can be a powerful catalyst for financial inclusion and financial health. IOSCO places strong emphasis on both investor protection and financial literacy. Financial education can help retail investors navigate the opportunities and risks of these novel technologies with greater confidence and clarity.
As Chairman of the FSMA, Mr Servais explained many financial education initiatives taken by the FSMA’s Wikifin programme and the campaigns carried out to prevent online scams .
