Regulation for Responsible and Competitive Financial Sector Innovation
The proposed project will focus on helping ASBA (Association of Supervisors of Banks of the Americas) to devise guidance for LAC regulators to deal properly with innovation in the financial sector. The influence of new technologies is setting the stage for numerous changes in the financial sector in – at the least – three levels: new services and delivery channels for final clients, back-office innovations (cloud computing and blockchain) and new entrants to the financial sector (e.g. fintech companies). This project will help regulators to structure discussions and proper guidance to take full advantage of new technologies while at the same time maintaining proper standards of regulation and supervision.

Project Detail

Country

Regional

Project Number

RG-M1257

Approval Date

September 8, 2016

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL REGULATION AND SUPERVISION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 855,407.00

Country Counterpart Financing

USD 495,407.00

Original Amount Approved

USD 360,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15724-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15724-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-84350661-29
Monitoring and Evaluation Plan (during Execution)
ATNME-15724-RG PSR07999-06302020.pdf
Jul. 19, 2021
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1796557427-4
Approved TC document
RG-M1257 - Donors Memo.pdf
Aug. 29, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1796557427-5
Approved TC document
RG-M1257 - Memo de donantes.pdf
Aug. 29, 2018
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-84350661-4
Project Performance Monitoring Reports
MIF Project Status Report-12-2017-ATN_ME-15724-RG - Rep7136.pdf
Aug. 01, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-84350661-5
Project Performance Monitoring Reports
MIF Project Status Report-6-2018-ATN_ME-15724-RG - Rep7137.pdf
Oct. 23, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-84350661-6
Project Performance Monitoring Report
MIF Project Status Report-12-2018-ATN_ME-15724-RG - Rep8603.pdf
Feb. 19, 2019
English

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