This Brief explains why approaches to inclusive finance that are currently widespread do not share the potentially destabilizing attributes of other types of shadow banking, concluding by identifying some risks worth monitoring as the picture continues to evolve.
This Brief aims to provide national and global policy makers with a clear picture of the rapid development of digital financial services for the poor and the need for their attention and informed understanding.
This Focus Note provides an overview of recent relevant FATF standards and guidance, highlighting opportunities for financial inclusion-friendly policymaking to fight money laundering and terrorist financing.
This Guide updates CGAP’s 2003 Guiding Principles on Regulation and Supervision of Microfinance. The revisions reflect continuing developments in the global state of financial access for poor and low-income customers.
In a fast increasing number, policy makers and regulators in other developing and transition countries are embracing “transformational branchless banking”—the use of information and communication technologies (ICTs) and nonbank retail channels to reduce costs of delivering financial services to clients beyond the reach of traditional banking.