michelle w bowman : opening remarks opening remarks ( via pre - recorded video ) by ms michelle w bowman, member of the board of governors of the federal reserve system, at the " advance together : celebrating the achievements of texas community partnerships, " a public event at the federal reserve bank of dallas, dallas, texas, 24 july 2024. * * * i'd like to thank everyone for joining us today to celebrate the achievements of texas community partnerships. i am so excited to be a part of this important milestone, marking the end of the pilot round of advance together and to announce a second round for this initiative. back in 2021, during the depths of covid, i took part in the dallas fed's advance together launch event, welcoming the awardees into the initiative and looking ahead to their success. this is truly a special opportunity to recognize the progress and achievements of the four participating partnerships, each representing their diverse communities and regions in the great state of texas. advance together is an accelerator program for regional public – private – nonprofit partnerships seeking to improve education and employment outcomes for lower - income communities in texas. the dallas fed and the federal reserve system are focused on reducing and removing barriers to education attainment and workforce development to foster a strong, resilient economy. as the nation's central bank, the federal reserve board is focused on our dual mandate of price stability and maximum employment. when we think about maximum employment, we also need to consider how to foster an inclusive economy that provides economic opportunities for everyone regardless of their circumstances. every reserve bank relies on its community development function to understand the economic circumstances of communities through community initiatives and research. in response to local needs in their respective districts, each reserve bank develops initiatives and focus areas to support these efforts. collaboration matters for better community outcomes advance together was designed to address core challenges in education and workforce development. often, a lack of coordination among key organizations, fragmentation across existing resources, or incomplete approaches that don't fully identify or address the root causes of community issues lead to less successful outcomes. research from the boston fed has found that durable economic success throughout economic cycles is less dependent on factors like industry mix, demographics, or even geographic location. instead, it is the ability of local leaders to work together across 1 / 3 bis - central bankers'speeches different sectors that leads to economic resilience. leaders that collaborate with an identified plan and path over a sustained period of time toward a comprehensive vision achieve better outcomes and more inclusive

harvesh seegolam : address - g20 / oecd task force on financial consumer protection address by mr harvesh seegolam, governor of the bank of mauritius, on the occasion of the g20 / oecd task force on financial consumer protection, port louis, 26 april 2023. * * * ms. nisha arora, chair of the g20 / oecd task force on financial consumer protection mr. chris green, chair of finconet members of the oecd the finconet governing council i wish you all a very good morning or good afternoon, depending in which geography you currently are if you are attending this event virtually. at the outset, i would like to thank the g20 / oecd together with finconet for organising this event at such a critical juncture where the advent of technology is revolutionising the delivery of financial services, thereby creating additional challenges for financial consumer protection. unfortunately, due to professional commitments, i could not make it in paris. however, as you can see, technology has made wonders not only in the financial services sector but also to enable us to connect from all corners of the globe. financial consumer protection has been high on my agenda since my appointment as governor in march 2020. i am pleased to share with the audience that from the 22nd to the 24th of november this year, the bank of mauritius will host the annual general meetings of finconet. you are all cordially invited to attend and further details will be provided by finconet as we draw closer to the meeting. i am pleased to share my views on such an important topic as consumer education and consumer protection, particularly in a global financial environment that technology is radically transforming. it would not be proper to underscore the importance of financial education and consumer education if we fail to comprehend the hazards of not educating and protecting consumers of financial products. indeed, failing on these two fronts would inevitably result in citizens making poor financial decisions, thereby affecting their quality of life and, by ripple, undermining the efficiency of our banking and financial systems. it is with these imperatives in mind that i have initiated a number of projects. in january last year, the bank of mauritius rolled out a nation - wide strategy with specific focus on financial literacy in a digital era. the strategy, which benefitted from the oecd infe's endorsement, aims at fostering an appropriate level of financial education to enable customers