Financial regulations need to adapt to digital finance

Published: Aug. 10, 2017, 6:56 a.m.

b'Digital financial services are being used to draw more people into the global financial system. Digital financial services must therefore be developed and regulated to safeguard against risk and to secure consumer protection. \\n\\nDifferent approaches to regulation, as in Cambodia and in the Philippines, show how regulations can hinder or spur growth.\\n\\nRead the transcript:\\nhttp://bit.ly/2fvgX6L\\n\\nRead the policy brief, Financial Inclusion in the Digital Age:\\nhttps://www.adb.org/publications/financial-inclusion-digital-age\\n\\nAuthors:\\nShawn Hunter, manager, Inclusive Finance, The Foundation for Development Cooperation\\nValdimir dela Cruz, ADBI associate at the time the brief was published\\nDavid Dole, ADBI senior economist https://www.adb.org/adbi/about/staff-profiles/david-dole'