The SHIFT in Bangladesh Programme of UNCDF hosted DFS Regulatory Framework Assessment Report Launching Ceremony on 5 December 2017 at the conference room of the Bangladesh Bank, Dhaka Bangladesh.

The objective of the ceremony was to officially hand over the Digital Financial Services Framework Assessment Report to the Governor of Bangladesh Bank. The panel at this ceremony featured the honorable Governor of Bangladesh Bank Mr. Fazle Kabir, Deputy Governors Mr. Abu Hena Mohd. Razee Hassan, Mr. Shitangshu Kumar Sur Chowdhury and Mr. S. M. Moniruzzaman and Executive Directors Mr. Ashok Kumar Dey and Mr. Md. Shafiqul Islam. Other key participants in the ceremony were General Managers and representatives of DFS related departments in Bangladesh Bank. Mr. Md. Ashraful Alam, Country Project Coordinator of SHIFT in Bangladesh, UNCDF led the UNCDF team.

The study findings and recommendations were presented by Mr. Md. Ashraful Alam. SHIFT in Bangladesh project undertook ‘DFS Regulatory Framework Assessment’ in consultation with Bangladesh Bank to have a 360⁰ scan of the DFS regulatory ecosystem in Bangladesh looking at regulations, macro-platforms, supply side capability, willingness and challenges, demand side readiness, knowledge and long-term vision around DFS. This is the first of its kind regulatory assessment study since the Bangladesh Bank introduced digital financial services regulation in 2011 in the country.