Oversight Issues in Mobile Payments is popular PDF and ePub book, written by Tanai Khiaonarong in 2014-07-15, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Oversight Issues in Mobile Payments can be Read Online from any device for your convenience.
Oversight Issues in Mobile Payments Book PDF Summary
This paper examines oversight issues that underlie the potential growth and risks in mobile payments. International experience suggests that financial authorities can develop effective oversight frameworks for new payment methods to safeguard public confidence and financial stability by establishing: (i) a clear legal regime; (ii) proportionate AML/CFT measures to prevent financial integrity risks; (iii) fund safeguarding measures such as insurance, similar guarantee schemes, or “pass through” deposit insurance; (iv) contingency plans for operational disruptions; and (v) risk controls and access criteria in payment systems. Such measures are particularly important for low-income countries where diffusion is becoming more widespread.
Detail Book of Oversight Issues in Mobile Payments PDF
- Author : Tanai Khiaonarong
- Release : 15 July 2014
- Publisher : International Monetary Fund
- ISBN : 9781498331579
- Genre : Business & Economics
- Total Page : 35 pages
- Language : English
- PDF File Size : 11,5 Mb
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