Basic Regulatory Enablers for Achieving Universal Financial Access: CGAP’s Insights from the Field
What are the building blocks for creating a digital financial services (DFS) ecosystem that meet the needs of poor people? How can regulators foster a safe enabling environment that promotes growth and competition in DFS, allowing services to reach the poorest segments of society?
CGAP has over a decade of experience working in Africa and Asia to develop successful DFS ecosystems, ones that bring finance to the most excluded citizens. In this webinar, CGAP experts discussed the Four Basic Regulatory Enablers, explained what works and why, and presented case studies on Ghana and Tanzania.
Ivo Jenik leads CGAP's work on building regulatory and supervisory capacity in digital financial services and on regulatory innovation, such as crowdfunding and regulatory sandboxes. Before joining CGAP, Mr. Jenik worked in the Responsible Financial Access team at the World Bank, where he specialized in financial consumer protection and alternative dispute resolution. His professional experience spans both the private and public sector, including serving as a compliance officer at an investment company and as head of the Collective Investment Department at the Czech Financial Ombudsman. Mr. Jenik has a Master's degree in Law from Columbia Law School in New York and from Charles University in Prague.
Max Mattern manages CGAP's work in Ghana, which aims to build a more robust and inclusive digital financial services ecosystem, and he contributes to CGAP's work exploring links between financial services and development outcomes, with a focus on innovations in financing for productive assets. Previously, he worked at the World Bank on rural and agricultural development, nutrition, and food security with regional concentrations in the Middle East and North Africa and Sub-Saharan Africa. Mr. Mattern has a Master's degree in International Business and Development Economics from the Fletcher School at Tufts University and an undergraduate degree in International Studies from the University of Arizona.