Question to the Department for International Development:
To ask the Secretary of State for International Development, whether her Department has provided support to developing countries to formulate regulations on mobile financial services.
Work to support formulation and improvements to regulations on mobile financial services is a key part of DFID’s portfolio of financial sector programmes around mobile financial services across Africa and Asia. The UK is also an active advocate at the G20 Global Partnership for Financial Inclusion (GPFI), including as co-chair of the key subgroup on regulation and standard-setting bodies.