Standard-setters can only partially support inclusion – BIS’s da Silva

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Luis Pereira da Silva

Standard-setting bodies (SSBs) have a role to play in boosting financial inclusion but can only do so much, Luis Pereira da Silva said today (November 6).

The Bank for International Settlements deputy general manager told a conference that SSBs could help to balance the benefits of fintech in supporting inclusion against potential risks.

“In terms of fintech, SSBs’ initiatives to help understand the implications of fintech – and to review, revise or supplement their existing standards, if

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