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POLICY AND REGULATORY REFORMS IN THE AFI NETWORK 2019


This report presents a snapshot of the policy and regulatory reforms that members of the AFI network were developing and implementing in 2019.


CONSUMER EMPOWERMENT AND MARKET CONDUCT HIGHLIGHTS

24

reforms from 16 countries reported in 2019

POLICY TRENDS

92

reforms from 36 countries reported since 2017

7

6

countries implemented financial literacy initiatives or set up national financial literacy strategy or frameworks

countries enhanced or enacted consumer protection law/ regulations

REGIONAL TRENDS

3

2

4

1

13

1

ASIA

EECA

LAC

MENA

SSA

PACIFIC


DIGITAL FINANCIAL SERVICES POLICY TRENDS

HIGHLIGHTS

36

reforms from 24 countries reported in 2019

120

reforms from 46 countries reported since 2017

8

6

fintech-related policy reforms

policies reported for e-money and national payments systems each

REGIONAL TRENDS

5

2

7

2

9

11

ASIA

EECA

LAC

MENA

SSA

PACIFIC


FINANCIAL INCLUSION DATA HIGHLIGHTS

8

reforms from 7 countries reported in 2019

POLICY TRENDS

24

reforms from 17 countries reported since 2017

fintech-related policy reforms

REGIONAL TRENDS

1

1

5

1

ASIA

MENA

SSA

PACIFIC


FINANCIAL INCLUSION STRATEGY HIGHLIGHTS

16

POLICY TRENDS

62

reforms from 37 countries reported since 2017

reforms from 15 countries reported in 2019

in-country coordination for NFIS implementation, communicating NFIS implementation, midterm review of NFIS

REGIONAL TRENDS

3

2

7

2

2

ASIA

MENA

SSA

LAC

PACIFIC


GLOBAL STANDARDS PROPORTIONALITY HIGHLIGHTS

15

POLICY TRENDS

38

reforms from 20 countries reported since 2017

reforms from 10 countries reported in 2019

in-country coordination for NFIS implementation, communicating NFIS implementation, midterm evaluation of NFIS

REGIONAL TRENDS

3

2

7

2

2

ASIA

MENA

SSA

LAC

PACIFIC


SME FINANCE HIGHLIGHTS

15

POLICY TRENDS

51

reforms from 25 countries reported since 2017

reforms from 10 countries reported in 2019

SME finance frameworks, credit guarantee schemes

REGIONAL TRENDS

2

3

6

1

1

ASIA

EECA

SSA

LAC

PACIFIC


GENDER INCLUSIVE FINANCE (GIF) HIGHLIGHTS

4

POLICY TRENDS

17

sex-disaggregated data

reforms from 12 countries reported since 2017

reforms from 4 countries reported in 2019

REGIONAL TRENDS

2

3

6

1

1

ASIA

EECA

SSA

LAC

PACIFIC


Read Now: POLICY AND REGULATORY REFORMS IN THE AFI NETWORK 2019

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