29 June 2012

South Africa’s engagement with the standard setting bodies and the implications for financial inclusion

The Global Partnership for Financial Inclusion (GPFI) is the main implementing organization for the G20 Financial Inclusion Action Plan.

South Africa’s regulators generally believe that standard setting bodies’ (SSBs) principles are flexible enough to accommodate financial inclusion policies. One possible reason for their confidence is that many of the regulators have had prominent roles within their respective SSBs, giving them a useful, first-hand perspective. Nevertheless, there is room for improvement in how standards are assessed. This study is published by the Alliance for Financial Inclusion (AFI) in its capacity as implementing partner of the G20 Global Partnership for Financial Inclusion (GPFI).


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