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Prudential Regulatory and Supervisory Practices for Fintech : Payments, Credit and Deposits.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Other papers.
World Bank e-Library.
Other papers
Language:
English
Subjects (All):
E-Finance and E-Security.
Finance and Financial Sector Development.
Financial Regulation.
Financial Regulation and Supervision.
Financial Structures.
Information and Communication Technologies.
Information Technology.
Local Subjects:
E-Finance and E-Security.
Finance and Financial Sector Development.
Financial Regulation.
Financial Regulation and Supervision.
Financial Structures.
Information and Communication Technologies.
Information Technology.
Other Title:
Prudential Regulatory and Supervisory Practices for Fintech
Place of Publication:
Washington, D.C. : The World Bank, 2019.
System Details:
data file
Summary:
This report is a stock-take of the state of prudential regulation and supervision of fintech. It focuses on prudential questions related to three primary products-transaction accounts (deposits and e-money accounts), credit, and payments. As such, the report covers e-money providers, P2P platforms, and overall outsourcing of the banking sector industry. The report identifies typologies of existing regulatory approaches, as well as emerging questions concerning: monitoring, engagement, and test environments; licensing; supervision; resolution; safety nets; and national and international coordination.

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