Supervising Nonbank E-Money Issuers
Nonbank e-money issuers (NEMIs) can play an important role in providing an array of financial services - particularly payments, transfers, and savings - for those who are currently excluded from the formal financial system. In some countries, priva...
Main Authors: | , |
---|---|
Format: | Brief |
Language: | English en_US |
Published: |
CGAP, Washington, DC
2014
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2012/07/17274320/supervising-nonbank-e-money-issuers http://hdl.handle.net/10986/17100 |
id |
okr-10986-17100 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-171002021-04-23T14:03:33Z Supervising Nonbank E-Money Issuers Lauer, Kate Tarazi, Michael ACCOUNT BALANCES AUDITS BANK HOLDING BANK SUPERVISION BANKING SUPERVISION BANKRUPTCY BRANCHLESS BANKING CAPABILITY CENTRAL BANK COMPUTER SYSTEM CONSUMER PROTECTION CONSUMERS CREDITORS CRIMINAL PURPOSES CUSTOMER ACCOUNTS CUSTOMER BASE DATA PRIVACY DATA SECURITY DATA SECURITY BREACHES DEPOSIT DEPOSIT INSURANCE DEPOSITS DEVELOPING COUNTRIES E-MONEY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL REGULATOR FINANCIAL SERVICES FINANCIAL SYSTEM FRAUD GENERAL PUBLIC HOLDING INNOVATIONS INSPECTION INSPECTIONS INSTRUMENT INSURANCE POLICY INSURER INTERNAL POLICIES INTERNATIONAL STANDARD ISSUANCE LIQUID INVESTMENT LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK MOBILE NETWORK MOBILE PHONE MONEY LAUNDERING MONEY TRANSFER MONEY TRANSFERS OUTSOURCING PARTNER BANK PAYMENT SERVICE PAYMENT SERVICES PAYMENT SYSTEMS PERSONAL INFORMATION PRIVATE SECTOR PROTECTION REQUIREMENTS PRUDENTIAL SUPERVISION PUBLIC FUNDS REGULATOR REGULATORS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REGULATORY SCHEMES REMITTANCE REMITTANCES RESULT RETAIL PAYMENT RETAIL PAYMENT SYSTEMS SAVINGS SAVINGS ACCOUNTS SERVICE PROVIDER SETTLEMENT SETTLEMENT RISK SETTLEMENT SYSTEMS SUPERVISION SUPERVISORY AUTHORITY SYSTEMIC RISK TELECOM TELECOMMUNICATIONS TERRORIST TRANSACTION Nonbank e-money issuers (NEMIs) can play an important role in providing an array of financial services - particularly payments, transfers, and savings - for those who are currently excluded from the formal financial system. In some countries, private sector interest in establishing NEMI operations has been hindered by policy maker concerns over the lack of a clear supervisory framework for this relatively new category of financial institution. In light of this, CGAP researched the current supervisory practice in 10 countries that permit NEMIs and found that while few have a clear supervisory approach, all engage in minimal post-licensing supervision. 2014-02-18T23:12:54Z 2014-02-18T23:12:54Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/17274320/supervising-nonbank-e-money-issuers http://hdl.handle.net/10986/17100 English en_US CGAP brief; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ CGAP, Washington, DC Publications & Research :: Brief Publications & Research |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ACCOUNT BALANCES AUDITS BANK HOLDING BANK SUPERVISION BANKING SUPERVISION BANKRUPTCY BRANCHLESS BANKING CAPABILITY CENTRAL BANK COMPUTER SYSTEM CONSUMER PROTECTION CONSUMERS CREDITORS CRIMINAL PURPOSES CUSTOMER ACCOUNTS CUSTOMER BASE DATA PRIVACY DATA SECURITY DATA SECURITY BREACHES DEPOSIT DEPOSIT INSURANCE DEPOSITS DEVELOPING COUNTRIES E-MONEY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL REGULATOR FINANCIAL SERVICES FINANCIAL SYSTEM FRAUD GENERAL PUBLIC HOLDING INNOVATIONS INSPECTION INSPECTIONS INSTRUMENT INSURANCE POLICY INSURER INTERNAL POLICIES INTERNATIONAL STANDARD ISSUANCE LIQUID INVESTMENT LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK MOBILE NETWORK MOBILE PHONE MONEY LAUNDERING MONEY TRANSFER MONEY TRANSFERS OUTSOURCING PARTNER BANK PAYMENT SERVICE PAYMENT SERVICES PAYMENT SYSTEMS PERSONAL INFORMATION PRIVATE SECTOR PROTECTION REQUIREMENTS PRUDENTIAL SUPERVISION PUBLIC FUNDS REGULATOR REGULATORS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REGULATORY SCHEMES REMITTANCE REMITTANCES RESULT RETAIL PAYMENT RETAIL PAYMENT SYSTEMS SAVINGS SAVINGS ACCOUNTS SERVICE PROVIDER SETTLEMENT SETTLEMENT RISK SETTLEMENT SYSTEMS SUPERVISION SUPERVISORY AUTHORITY SYSTEMIC RISK TELECOM TELECOMMUNICATIONS TERRORIST TRANSACTION |
spellingShingle |
ACCOUNT BALANCES AUDITS BANK HOLDING BANK SUPERVISION BANKING SUPERVISION BANKRUPTCY BRANCHLESS BANKING CAPABILITY CENTRAL BANK COMPUTER SYSTEM CONSUMER PROTECTION CONSUMERS CREDITORS CRIMINAL PURPOSES CUSTOMER ACCOUNTS CUSTOMER BASE DATA PRIVACY DATA SECURITY DATA SECURITY BREACHES DEPOSIT DEPOSIT INSURANCE DEPOSITS DEVELOPING COUNTRIES E-MONEY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL REGULATOR FINANCIAL SERVICES FINANCIAL SYSTEM FRAUD GENERAL PUBLIC HOLDING INNOVATIONS INSPECTION INSPECTIONS INSTRUMENT INSURANCE POLICY INSURER INTERNAL POLICIES INTERNATIONAL STANDARD ISSUANCE LIQUID INVESTMENT LIQUIDITY LIQUIDITY RATIO LIQUIDITY RISK MOBILE NETWORK MOBILE PHONE MONEY LAUNDERING MONEY TRANSFER MONEY TRANSFERS OUTSOURCING PARTNER BANK PAYMENT SERVICE PAYMENT SERVICES PAYMENT SYSTEMS PERSONAL INFORMATION PRIVATE SECTOR PROTECTION REQUIREMENTS PRUDENTIAL SUPERVISION PUBLIC FUNDS REGULATOR REGULATORS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REGULATORY SCHEMES REMITTANCE REMITTANCES RESULT RETAIL PAYMENT RETAIL PAYMENT SYSTEMS SAVINGS SAVINGS ACCOUNTS SERVICE PROVIDER SETTLEMENT SETTLEMENT RISK SETTLEMENT SYSTEMS SUPERVISION SUPERVISORY AUTHORITY SYSTEMIC RISK TELECOM TELECOMMUNICATIONS TERRORIST TRANSACTION Lauer, Kate Tarazi, Michael Supervising Nonbank E-Money Issuers |
relation |
CGAP brief; |
description |
Nonbank e-money issuers (NEMIs) can play
an important role in providing an array of financial
services - particularly payments, transfers, and savings -
for those who are currently excluded from the formal
financial system. In some countries, private sector interest
in establishing NEMI operations has been hindered by policy
maker concerns over the lack of a clear supervisory
framework for this relatively new category of financial
institution. In light of this, CGAP researched the current
supervisory practice in 10 countries that permit NEMIs and
found that while few have a clear supervisory approach, all
engage in minimal post-licensing supervision. |
format |
Publications & Research :: Brief |
author |
Lauer, Kate Tarazi, Michael |
author_facet |
Lauer, Kate Tarazi, Michael |
author_sort |
Lauer, Kate |
title |
Supervising Nonbank E-Money Issuers |
title_short |
Supervising Nonbank E-Money Issuers |
title_full |
Supervising Nonbank E-Money Issuers |
title_fullStr |
Supervising Nonbank E-Money Issuers |
title_full_unstemmed |
Supervising Nonbank E-Money Issuers |
title_sort |
supervising nonbank e-money issuers |
publisher |
CGAP, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2012/07/17274320/supervising-nonbank-e-money-issuers http://hdl.handle.net/10986/17100 |
_version_ |
1764435337457696768 |