Digital Financial Services Supervision in Bangladesh
Categories : Regulation and Payment System Governance, Regulation of Digital Financial Services
In this report, DFS innovations can rapidly expand financial access and inclusion, but also pose risks related to fraud, market abuses, and financial stability. Regulatory frameworks thus need to strike a balance between fostering innovation, protecting consumers, and addressing the potential for unintended consequences of technological disruption. They must also ensure the market is a level-playing field for all service providers to participate in the sector.