The Role of Regulators in Building Consumer Demand for Mobile Money

The Role of Regulators in Building Consumer Demand for Mobile Money

October 19, 2015 - 09:58 -- nadia.dafir

The primary role of a financial regulator is to maintain the safety and soundness of a financial system. However, financial regulators are now embracing financial inclusion as a new goal in recognition that healthy financial systems should serve the needs of the majority of the population. Promoting financial inclusion is a new and different role for financial regulators. It raises new challenges such as how to encourage banks to serve low-income clients who offer few obvious profitable opportunities, and how to regulate mobile network operators (MNOs) and other innovative providers offering financial services.

Publication and Practitioners Guides and Training Tools
Regulation and Digital Financial Services
Programme: 
Mobile Money for the Poor (MM4P)
Practice Area: 
Inclusive Finance
Document Date: 
Oct 19, 2015
Document Download: 

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