Financial regulations need to adapt to digital finance




Asia's Developing Future show

Summary: 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. Different approaches to regulation, as in Cambodia and in the Philippines, show how regulations can hinder or spur growth. Read the transcript: http://bit.ly/2fvgX6L Read the policy brief, Financial Inclusion in the Digital Age: https://www.adb.org/publications/financial-inclusion-digital-age Authors: Shawn Hunter, manager, Inclusive Finance, The Foundation for Development Cooperation Valdimir dela Cruz, ADBI associate at the time the brief was published David Dole, ADBI senior economist https://www.adb.org/adbi/about/staff-profiles/david-dole