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WORKING GROUPS AND REGIONAL INITIATIVES REPORT 2020
The Digital Financial Services (DFS) Working Group brings policymakers together to discuss regulatory issues related to DFS, Financial Technology (FinTech) and Electronic Money (E-Money) and promote DFS, FinTech and E-Money as major drivers of financial inclusion in emerging and developing countries. OBJECTIVES
CREATE
ESTABLISH
STIMULATE
an enabling policy and regulatory environment for transformational DFS, FinTech and E-Money at national levels
discussion and learning on new approaches and good practices in DFS, FinTech and E-Money regulations
PROVIDE
DEVELOP
linkages and provide inputs to global StandardSetting bodies seeking to establish proportionate supervisory practices for DFS, FinTech and E-Money
a platform for capturing, tracking, and sharing information on innovative DFS, FinTech and E-Money
a shared understanding of the risk profiles of emerging DFS business models
HIGHLIGHTS
71
66
21
66
184
20
Member institutions
Member countries
Knowledge products
Maya Declaration Commitments (Completed)*
Policy changes
Peer reviews
*Total completed targets for period 2011-2020.
MEETINGS 7th: Guatema 8th: Malaysia
3rd: Thailand 4th: Mexico
2010 1st: South Africa 2nd: Indonesia
2011
2012 5th: Russia 6th: South Africa
2013
11th: Malaysia 12th: Mozambique
2014
2015
9th: Tanzania 10th: Trinidad & Tobago
15th: Ghana 16th: Egypt
2016 13th: Armenia 14th: Fiji
2017
19th: The Bahamas 20th: Rwanda
2018 17th: Jordan 18th: Russia
2019
2020 21st/22nd: Virtual Meeting
