Prudential Regulatory and Supervisory Practices for Fintech : Payments, Credit and Deposits
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,...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/954851578602363164/Prudential-Regulatory-and-Supervisory-Practices-for-Fintech-Payments-Credit-and-Deposits http://hdl.handle.net/10986/33221 |
| 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. |
|---|