Digital Financial Services Regulatory Handbook

This handbook has been designed to assist those responsible for regulating and supervising the use of DFS in emerging markets. A conservative one-size-fits-all regulatory approach is not appropriate for DFS because it is likely to stifle innovation, discourage new market entrants and inhibit the use of DFS to improve financial inclusion. By analysing the nature, risks and regulatory issues associated with different DFS models this handbook aims to equip regulators with the understanding necessary to develop effective and appropriate DFS regulation in their particular local context.