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Global Bodies Advance Dialogue on Supervision of Digital Finance at the Third GPFI/FSI Conference

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Innovative digital technologies play a key role in advancing financial inclusion worldwide, and the rapid growth of ‘mobile money’ is an entry point for providing broader financial services to many low-income families. These opportunities and the new regulatory challenges were the theme of the Third GPFI/FSI Conference on Standard-Setting Bodies and Innovative Financial Inclusion, held in Basel, in 26-27 October.

Hosted by the Financial Stability Institute of the Bank for International Settlements, the conference brought together governments, regulators, supervisors and overseers, and global standard-setting bodies with the timely theme “New Frontiers in the Supervision and Oversight of Digital Financial Services.” Over two-days, participants examined ways to foster financial inclusion through innovation in digital finance while protecting consumers and financial stability.

For more on this story visit the following link: Global Bodies Advance Dialogue on Supervision of Digital Finance at the Third GPFI/FSI Conference

Source: Global Partnership for Financial Inclusion

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