Generalcomments: Are 100% of CUSTOMERS' E-MONEY FUNDS required to be SEPARATED FROM E-MONEY ISSUER'S FUNDS and kept AT A SINGLE prudentially regulated financial institution, possibly the Central Bank?

IndicatorName: Are 100% of customers' e-money funds required to be separated from e-money issuer's funds and kept at a single prudentially regulated financial institution, possibly the central bank?

Shortdefinition:
What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
- 100% of customers' e-money funds; kept at a single prudentially regulated financial institution


Generalcomments: Is it NOT REQUIRED that CUSTOMERS' E-MONEY FUNDS are SEPARATED FROM E-MONEY ISSUER'S FUNDS?

IndicatorName: Is it not required that customers' e-money funds are separated from e-money issuer's funds?

Shortdefinition:
What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
- No requirement to separate customers' e-money funds

Source: Global Financial Inclusion and Consumer Protection Survey 2017

Topic: Financial Inclusion : Electronic Money


Generalcomments: Is ONLY A FRACTION OF CUSTOMERS' E-MONEY FUNDS required to be  SEPARATED FROM E-MONEY ISSUER'S FUNDS and kept AT ONE OR MORE prudentially regulated financial institutions, possibly the Central Bank and others?

IndicatorName: Is only a fraction of customers' e-money funds required to be separated from e-money issuer's funds and kept at one or more prudentially regulated financial institutions, possibly the central bank and others?

Shortdefinition:
What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
- Only a fraction of customers' e-money funds; kept at one or more prudentially regulated financial institutions


Generalcomments: For COMMERCIAL BANKS, is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For commercial banks, is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Commercial Banks

Topic: Financial Inclusion : Product Authorization


Generalcomments: For COMMERCIAL BANKS, is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For commercial banks, is authorization of new or modified financial products never explicitly required?


Generalcomments: For COMMERCIAL BANKS, is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For commercial banks, is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: For COMMERCIAL BANKS, are there SIMPLIFICATIONS or EXCEPTIONS to the documentation requirements for some types of applicants or deposit account products?

IndicatorName: For commercial banks, are there simplifications or exceptions to the documentation requirements for some types of applicants or deposit account products?

Shortdefinition:
Are there simplifications or exceptions to the documentation requirements for certain types of applicants (e.g. low income) or deposit account products (e.g. small-value, low-risk transactions or basic accounts)?
- Commercial Banks

Topic: Financial Inclusion : Simplified Customer Due Diligence


Generalcomments: Are COMMERCIAL BANKS required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are commercial banks required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- Commercial Banks

Topic: Financial Inclusion : Credit Infrastructure


Generalcomments: For COMMERCIAL BANKS, is all lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For commercial banks, is all lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Commercial Banks: All lending is subject to interest rate caps or pricing limits

Topic: Financial Inclusion : Interest Rate Caps


Generalcomments: For COMMERCIAL BANKS, are there NO INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For commercial banks, are there no interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Commercial Banks: No interest rate caps or pricing limits of any kind


Generalcomments: For COMMERCIAL BANKS, are there SOME INTEREST RATE CAPS OR PRICING LIMITS that apply to certain products or segments?

IndicatorName: For commercial banks, are there some interest rate caps or pricing limits that apply to certain products or segments?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Commercial Banks: Some interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: Are COMMERCIAL BANKS allowed to implement NON-FACE-TO-FACE CUSTOMER DUE DILIGENCE (CDD) under the risk-based approach to AML/CFT regulation?

IndicatorName: Are commercial banks allowed to implement non-face-to-face customer due diligence (CDD) under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Commercial Banks: Non-face-to-face customer due diligence (by agents and/or via mobile phone or other mobile device)


Generalcomments: Are COMMERCIAL BANKS allowed to accept NON-STANDARD ID DOCUMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are commercial banks allowed to accept non-standard id documents under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Commercial Banks: Acceptance of non-standard identification documents


Generalcomments: Are COMMERCIAL BANKS allowed to implement OTHER ELEMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are commercial banks allowed to implement other elements under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Commercial Banks: Other


Generalcomments: Are COMMERCIAL BANKS allowed to implement SIMPLIFIED TRANSACTION MONITORING under the risk-based approach to AML/CFT regulation?

IndicatorName: Are commercial banks allowed to implement simplified transaction monitoring under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Commercial Banks: Allowing simplified transaction monitoring based on lower assessed risk


Generalcomments: Are COMMERCIAL BANKS liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are commercial banks liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- Commercial Banks: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?

Topic: Financial Inclusion : Third-Party Agents


Generalcomments: For FINANCIAL COOPERATIVES, is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For financial cooperatives, is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Financial Cooperatives


Generalcomments: For FINANCIAL COOPERATIVES, is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For financial cooperatives, is authorization of new or modified financial products never explicitly required?


Generalcomments: For FINANCIAL COOPERATIVES, is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For financial cooperatives, is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: For FINANCIAL COOPERATIVES, are there SIMPLIFICATIONS or EXCEPTIONS to the documentation requirements for some types of applicants or deposit account products?

IndicatorName: For financial cooperatives, are there simplifications or exceptions to the documentation requirements for some types of applicants or deposit account products?

Shortdefinition:
Are there simplifications or exceptions to the documentation requirements for certain types of applicants (e.g. low income) or deposit account products (e.g. small-value, low-risk transactions or basic accounts)?
- Financial Cooperatives


Generalcomments: Are FINANCIAL COOPERATIVES required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are financial cooperatives required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- Financial Cooperatives


Generalcomments: For FINANCIAL COOPERATIVES, is all lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For financial cooperatives, is all lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Financial Cooperatives: All lending is subject to interest rate caps or pricing limits


Generalcomments: For FINANCIAL COOPERATIVES, are there NO INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For financial cooperatives, are there no interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Financial Cooperatives: No interest rate caps or pricing limits of any kind


Generalcomments: For FINANCIAL COOPERATIVES, are there SOME INTEREST RATE CAPS OR PRICING LIMITS that apply to certain products or segments?

IndicatorName: For financial cooperatives, are there some interest rate caps or pricing limits that apply to certain products or segments?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Financial Cooperatives: Some interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: Are FINANCIAL COOPERATIVES allowed to implement NON-FACE-TO-FACE CUSTOMER DUE DILIGENCE (CDD) under the risk-based approach to AML/CFT regulation?

IndicatorName: Are financial cooperatives allowed to implement non-face-to-face customer due diligence (CDD) under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Financial Cooperatives: Non-face-to-face customer due diligence (by agents and/or via mobile phone or other mobile device)


Generalcomments: Are FINANCIAL COOPERATIVES allowed to accept NON-STANDARD ID DOCUMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are financial cooperatives allowed to accept non-standard id documents under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Financial Cooperatives: Acceptance of non-standard identification documents


Generalcomments: Are FINANCIAL COOPERATIVES allowed to implement OTHER ELEMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are financial cooperatives allowed to implement other elements under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Financial Cooperatives: Other


Generalcomments: Are FINANCIAL COOPERATIVES allowed to implement SIMPLIFIED TRANSACTION MONITORING under the risk-based approach to AML/CFT regulation?

IndicatorName: Are financial cooperatives allowed to implement simplified transaction monitoring under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Financial Cooperatives: Allowing simplified transaction monitoring based on lower assessed risk


Generalcomments: Are FINANCIAL COOPERATIVES liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are financial cooperatives liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- Financial Cooperatives: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?


Generalcomments: Are CONSUMER RISKS assessed during AUTHORIZATION PROCESS for modified or new financial products?

IndicatorName: Are consumer risks assessed during authorization process for modified or new financial products?

Shortdefinition:
What types of risks are assessed during authorization process for modified or new financial products?
- Consumer risks


Generalcomments: Are AML/CFT RISKS assessed during AUTHORIZATION PROCESS for modified or new financial products?

IndicatorName: Are AML/CFT risks assessed during authorization process for modified or new financial products?

Shortdefinition:
What types of risks are assessed during authorization process for modified or new financial products?
- AML/CFT risks


Generalcomments: Are OPERATIONAL RISKS assessed during AUTHORIZATION PROCESS for modified or new financial products?

IndicatorName: Are operational risks assessed during authorization process for modified or new financial products?

Shortdefinition:
What types of risks are assessed during authorization process for modified or new financial products?
- Operational risks


Generalcomments: Does a regulatory/supervisory framework exist for COMMERCIAL BANKS?

IndicatorName: Does a regulatory/supervisory framework exist for commercial banks?

Shortdefinition: Are commercial banks codified in the regulatory/supervisory framework?

Topic: Financial Inclusion : Financial Institutions


Generalcomments: Does a regulatory/supervisory framework exist for FINANCIAL COOPERATIVES?

IndicatorName: Does a regulatory/supervisory framework exist for financial cooperatives?

Shortdefinition: Are financial cooperatives codified in the regulatory/supervisory framework?


Generalcomments: Does a regulatory/supervisory framework exist for MICROCREDIT INSTITUTIONS (MCIs)?

IndicatorName: Does a regulatory/supervisory framework exist for microcredit institutions (MCIs)?

Shortdefinition: Are microcredit institutions (MCIs) codified in the regulatory/supervisory framework?


Generalcomments: Does a regulatory/supervisory framework exist for NON-BANK E-MONEY ISSUERS (NBEIS)?

IndicatorName: Does a regulatory/supervisory framework exist for non-bank e-money issuers (NBEIs)?

Shortdefinition: Are non-bank e-money issuers (NBEIS) codified in the regulatory/supervisory framework?


Generalcomments: Does a regulatory/supervisory framework exist for OTHER BANKS?

IndicatorName: Does a regulatory/supervisory framework exist for other banks?

Shortdefinition: Are other banks codified in the regulatory/supervisory framework?


Generalcomments: Does a regulatory/supervisory framework exist for OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs)?

IndicatorName: Does a regulatory/supervisory framework exist for other deposit taking institutions (ODTIs)?

Shortdefinition: Are other deposit taking institutions (ODTIs) codified in the regulatory/supervisory framework?


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For microcredit institutions (MCIs), is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- MCIs


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For microcredit institutions (MCIs), is authorization of new or modified financial products never explicitly required?


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For microcredit institutions (MCIs), is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are microcredit institutions (MCIs) required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- MCIs


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is all lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For microcredit institutions (MCIs), is all lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- MCIs: All lending is subject to interest rate caps or pricing limits


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), are there NO INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For microcredit institutions (MCIs), are there no interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- MCIs: No interest rate caps or pricing limits of any kind


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), are there SOME INTEREST RATE CAPS OR PRICING LIMITS that apply to certain products or segments?

IndicatorName: For microcredit institutions (MCIs), are there some interest rate caps or pricing limits that apply to certain products or segments?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- MCIs: Some interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are microcredit institutions (MCIs) liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- MCIs: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?


Generalcomments: For NON-BANK E-MONEY ISSUERS (NBEIs), is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For non-bank e-money issuers (NBEIs), is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- NBEIs


Generalcomments: For NON-BANK E-MONEY ISSUERS (NBEIs), is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For non-bank e-money issuers (NBEIs), is authorization of new or modified financial products never explicitly required?


Generalcomments: For NON-BANK E-MONEY ISSUERS (NBEIs), is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For non-bank e-money issuers (NBEIs), is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are non-bank e-money issuers (NBEIs) required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- NBEIs


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are non-bank e-money issuers (NBEIs) liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- NBEIs: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?


Generalcomments: For OTHER BANKS, is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For other banks, is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Other Banks


Generalcomments: For OTHER BANKS, is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For other banks, is authorization of new or modified financial products never explicitly required?


Generalcomments: For OTHER BANKS, is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For other banks, is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: For OTHER BANKS, are there SIMPLIFICATIONS or EXCEPTIONS to the documentation requirements for some types of applicants or deposit account products?

IndicatorName: For other banks, are there simplifications or exceptions to the documentation requirements for some types of applicants or deposit account products?

Shortdefinition:
Are there simplifications or exceptions to the documentation requirements for certain types of applicants (e.g. low income) or deposit account products (e.g. small-value, low-risk transactions or basic accounts)?
- Other Banks


Generalcomments: Are OTHER BANKS required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are other banks required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- Other Banks


Generalcomments: For OTHER BANKS, is all lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other banks, is all lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Other Banks: All lending is subject to interest rate caps or pricing limits


Generalcomments: For OTHER BANKS, are there NO INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other banks, are there no interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Other Banks: No interest rate caps or pricing limits of any kind


Generalcomments: For OTHER BANKS, are there SOME INTEREST RATE CAPS OR PRICING LIMITS that apply to certain products or segments?

IndicatorName: For other banks, are there some interest rate caps or pricing limits that apply to certain products or segments?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Other Banks: Some interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: Are OTHER BANKS allowed to implement NON-FACE-TO-FACE CUSTOMER DUE DILIGENCE (CDD) under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other banks allowed to implement non-face-to-face customer due diligence (CDD) under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Other Banks: Non-face-to-face customer due diligence (by agents and/or via mobile phone or other mobile device)


Generalcomments: Are OTHER BANKS allowed to accept NON-STANDARD ID DOCUMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other banks allowed to accept non-standard id documents under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Other Banks: Acceptance of non-standard identification documents


Generalcomments: Are OTHER BANKS allowed to implement OTHER ELEMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other banks allowed to implement other elements under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Other Banks: Other


Generalcomments: Are OTHER BANKS allowed to implement SIMPLIFIED TRANSACTION MONITORING under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other banks allowed to implement simplified transaction monitoring under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- Other Banks: Allowing simplified transaction monitoring based on lower assessed risk


Generalcomments: Are OTHER BANKS liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are other banks liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- Other Banks: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is AUTHORIZATION of new or modified financial products ALWAYS EXPLICITLY REQUIRED?

IndicatorName: For other deposit taking institutions (ODTIs), is authorization of new or modified financial products always explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- ODTIs


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is AUTHORIZATION of new or modified financial products NEVER EXPLICITLY REQUIRED?

IndicatorName: For other deposit taking institutions (ODTIs), is authorization of new or modified financial products never explicitly required?


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is AUTHORIZATION of new or modified financial products ONLY IN SOME CASES EXPLICITLY REQUIRED?

IndicatorName: For other deposit taking institutions (ODTIs), is authorization of new or modified financial products only in some cases explicitly required?


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), are there SIMPLIFICATIONS or EXCEPTIONS to the documentation requirements for some types of applicants or deposit account products?

IndicatorName: For other deposit taking institutions (ODTIs), are there simplifications or exceptions to the documentation requirements for some types of applicants or deposit account products?

Shortdefinition:
Are there simplifications or exceptions to the documentation requirements for certain types of applicants (e.g. low income) or deposit account products (e.g. small-value, low-risk transactions or basic accounts)?
- ODTIs


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) required to CHECK/REPORT TO CREDIT BUREAU for some/all loans?

IndicatorName: Are other deposit taking institutions (ODTIs) required to check/report to credit bureau for some/all loans?

Shortdefinition:
Do financial institutions have access, or report, to a credit bureau or credit registry?
- ODTIs


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is all lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other deposit taking institutions (ODTIs), is all lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- ODTIs: All lending is subject to interest rate caps or pricing limits


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), are there NO INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other deposit taking institutions (ODTIs), are there no interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- ODTIs: No interest rate caps or pricing limits of any kind


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), are there SOME INTEREST RATE CAPS OR PRICING LIMITS that apply to certain products or segments?

IndicatorName: For other deposit taking institutions (ODTIs), are there some interest rate caps or pricing limits that apply to certain products or segments?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- ODTIs: Some interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) allowed to implement NON-FACE-TO-FACE CUSTOMER DUE DILIGENCE (CDD) under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other deposit taking institutions (ODTIs) allowed to implement non-face-to-face customer due diligence (CDD) under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- ODTIs: Non-face-to-face customer due diligence (by agents and/or via mobile phone or other mobile device)


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) allowed to accept NON-STANDARD ID DOCUMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other deposit taking institutions (ODTIs) allowed to accept non-standard id documents under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- ODTIs: Acceptance of non-standard identification documents


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) allowed to implement OTHER ELEMENTS under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other deposit taking institutions (ODTIs) allowed to implement other elements under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- ODTIs: Other


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) allowed to implement SIMPLIFIED TRANSACTION MONITORING under the risk-based approach to AML/CFT regulation?

IndicatorName: Are other deposit taking institutions (ODTIs) allowed to implement simplified transaction monitoring under the risk-based approach to AML/CFT regulation?

Shortdefinition:
What elements of a risk-based approach to AML/CFT regulation have been implemented?
- ODTIs: Allowing simplified transaction monitoring based on lower assessed risk


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) liable for any ACTIONS OR OMISSIONS OF THEIR AGENTS?

IndicatorName: Are other deposit taking institutions (ODTIs) liable for any actions or omissions of their agents?

Shortdefinition:
If financial institutions are allowed to have agents, please specify which type of rules apply regulating the relationships between the financial institution, the agent, and the consumer:
- ODTIs: Are there specific rules which indicate that financial service providers are liable for any actions or omissions of the agent?


Generalcomments: Are COMMERCIAL BANKS permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are commercial banks permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Act as an agent of a financial provider

Topic: Financial Inclusion : Permitted Activities


Generalcomments: Are COMMERCIAL BANKS permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are commercial banks permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Provide checking or current accounts


Generalcomments: Are COMMERCIAL BANKS permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are commercial banks permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are COMMERCIAL BANKS permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are commercial banks permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Distribute insurance


Generalcomments: Are COMMERCIAL BANKS permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are commercial banks permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are COMMERCIAL BANKS permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are commercial banks permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Distribute pension products


Generalcomments: Are COMMERCIAL BANKS permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are commercial banks permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Commercial Banks: Contract with retail agents as third-party delivery channels


Generalcomments: Are FINANCIAL COOPERATIVES permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are financial cooperatives permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Act as an agent of a financial provider


Generalcomments: Are FINANCIAL COOPERATIVES permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are financial cooperatives permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Provide checking or current accounts


Generalcomments: Are FINANCIAL COOPERATIVES permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are financial cooperatives permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are FINANCIAL COOPERATIVES permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are financial cooperatives permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Distribute insurance


Generalcomments: Are FINANCIAL COOPERATIVES permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are financial cooperatives permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are FINANCIAL COOPERATIVES permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are financial cooperatives permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Distribute pension products


Generalcomments: Are FINANCIAL COOPERATIVES permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are financial cooperatives permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Financial Cooperatives: Contract with retail agents as third-party delivery channels


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are microcredit institutions (MCIs) permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Act as an agent of a financial provider


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are microcredit institutions (MCIs) permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Provide checking or current accounts


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are microcredit institutions (MCIs) permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are microcredit institutions (MCIs) permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Distribute insurance


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are microcredit institutions (MCIs) permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are microcredit institutions (MCIs) permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Distribute pension products


Generalcomments: Are MICROCREDIT INSTITUTIONS (MCIs) permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are microcredit institutions (MCIs) permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- MCIs: Contract with retail agents as third-party delivery channels


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Act as an agent of a financial provider


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Provide checking or current accounts


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Distribute insurance


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Distribute pension products


Generalcomments: Are NON-BANK E-MONEY ISSUERS (NBEIs) permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are non-bank e-money issuers (NBEIs) permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- NBEIs: Contract with retail agents as third-party delivery channels


Generalcomments: Are OTHER BANKS permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are other banks permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Act as an agent of a financial provider


Generalcomments: Are OTHER BANKS permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are other banks permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Provide checking or current accounts


Generalcomments: Are OTHER BANKS permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are other banks permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are OTHER BANKS permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are other banks permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Distribute insurance


Generalcomments: Are OTHER BANKS permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are other banks permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are OTHER BANKS permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are other banks permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Distribute pension products


Generalcomments: Are OTHER BANKS permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are other banks permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- Other Banks: Contract with retail agents as third-party delivery channels


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to ACT AS AN AGENT OF A FINANCIAL PROVIDER ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to act as an agent of a financial provider?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Act as an agent of a financial provider


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to PROVIDE CHECKING OR CURRENT ACCOUNTS ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to provide checking or current accounts?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Provide checking or current accounts


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to ISSUE E-MONEY (including PREPAID E-MONEY CARDS) ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to issue e-money (including prepaid e-money cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Issue e-money (including prepaid cards with an e-money function)


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to DISTRIBUTE INSURANCE ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to distribute insurance?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Distribute insurance


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to ISSUE PAYMENT CARDS (CREDIT, DEBIT, and OTHER NON-PREPAID CARDS) ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to issue payment cards (credit, debit, and other non-prepaid cards) ?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Issue payment cards (credit cards, debit cards and other non-prepaid cards)


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to DISTRIBUTE PENSION PRODUCTS ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to distribute pension products?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Distribute pension products


Generalcomments: Are OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs) permitted to CONTRACT WITH RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS ?

IndicatorName: Are other deposit taking institutions (ODTIs) permitted to contract with retail agents as third-party delivery channels?

Shortdefinition:
Are the following financial institutions permitted to carry out the following activities?
- ODTIs: Contract with retail agents as third-party delivery channels


Generalcomments: Are any NON-BANK E-MONEY ISSUERS subsidiaries of mobile network operators?

IndicatorName: Are any non-bank e-money issuers subsidiaries of mobile network operators?


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of COMMERCIAL BANKS?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of commercial banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Commercial Banks: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of COMMERCIAL BANKS?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of commercial banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Commercial Banks: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of COMMERCIAL BANKS?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of commercial banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Commercial Banks: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of COMMERCIAL BANKS?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of commercial banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Commercial Banks: Receive deposits


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of FINANCIAL COOPERATIVES?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of financial cooperatives?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Financial Cooperatives: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of FINANCIAL COOPERATIVES?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of financial cooperatives?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Financial Cooperatives: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of FINANCIAL COOPERATIVES?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of financial cooperatives?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Financial Cooperatives: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of FINANCIAL COOPERATIVES?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of financial cooperatives?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Financial Cooperatives: Receive deposits


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of MICROCREDIT INSTITUTIONS (MCIs)?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of microcredit institutions (MCIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- MCIs: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of MICROCREDIT INSTITUTIONS (MCIs)?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of microcredit institutions (MCIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- MCIs: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of MICROCREDIT INSTITUTIONS (MCIs)?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of microcredit institutions (MCIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- MCIs: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of MICROCREDIT INSTITUTIONS (MCIs)?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of microcredit institutions (MCIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- MCIs: Receive deposits


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of NON-BANK E-MONEY ISSUERS (NBEIs)?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of non-bank e-money issuers (NBEIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- NBEIs: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of NON-BANK E-MONEY ISSUERS (NBEIs)?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of non-bank e-money issuers (NBEIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- NBEIs: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of NON-BANK E-MONEY ISSUERS (NBEIs)?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of non-bank e-money issuers (NBEIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- NBEIs: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of NON-BANK E-MONEY ISSUERS (NBEIs)?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of non-bank e-money issuers (NBEIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- NBEIs: Receive deposits


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of OTHER BANKS?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of other banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Other Banks: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of OTHER BANKS?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of other banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Other Banks: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of OTHER BANKS?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of other banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Other Banks: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of OTHER BANKS?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of other banks?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- Other Banks: Receive deposits


Generalcomments: Are third parties such as retail agents allowed to IDENTIFY AND/OR VERIFY THE IDENTITY OF THE CUSTOMER on behalf of OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs)?

IndicatorName: Are third parties such as retail agents allowed to identify and/or verify the identity of the customer on behalf of other deposit taking institutions (ODTIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- ODTIs: Identify and/or verify the identity of the customer


Generalcomments: Are third parties such as retail agents allowed to RECEIVE AND SUBMIT TO THE INSTITUTION A LOAN APPLICATION on behalf of OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs)?

IndicatorName: Are third parties such as retail agents allowed to receive and submit to the institution a loan application on behalf of other deposit taking institutions (ODTIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- ODTIs: Receive and submit to the institution a loan application


Generalcomments: Are third parties such as retail agents allowed to OPEN A CUSTOMER ACCOUNT on behalf of OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs)?

IndicatorName: Are third parties such as retail agents allowed to open a customer account on behalf of other deposit taking institutions (ODTIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- ODTIs: Open a customer account following the institution’s policies


Generalcomments: Are third parties such as retail agents allowed to RECEIVE DEPOSITS on behalf of OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs)?

IndicatorName: Are third parties such as retail agents allowed to receive deposits on behalf of other deposit taking institutions (ODTIs)?

Shortdefinition:
Are the following institutions allowed to outsource to third parties the following activities?
- ODTIs: Receive deposits


Generalcomments: Are AT LEAST SOME financial service providers permitted to use RETAIL AGENTS AS THIRD-PARTY DELIVERY CHANNELS?

IndicatorName: Are at least some financial service providers permitted to use retail agents as third-party delivery channels?


Generalcomments: Is the term of MICROCREDIT explicitly defined in law or regulation?

IndicatorName: Is the term of microcredit explicitly defined in law or regulation?

Shortdefinition:
Please note whether any of the following terms are explicitly defined in law or regulation:
- Microcredit

Topic: Financial Inclusion : Microfinance Definitions


Generalcomments: Is the term of MICROFINANCE explicitly defined in law or regulation?

IndicatorName: Is the term of microfinance explicitly defined in law or regulation?

Shortdefinition:
Please note whether any of the following terms are explicitly defined in law or regulation:
- Microfinance


Generalcomments: Is the term of MICROSAVINGS explicitly defined in law or regulation?

IndicatorName: Is the term of microsavings explicitly defined in law or regulation?

Shortdefinition:
Please note whether any of the following terms are explicitly defined in law or regulation:
- Microsavings


Generalcomments: Is a NATIONAL FINANCIAL CAPABILITY/LITERACY/EDUCATION STRATEGY (NFCS/NFLS/NFES) UNDER DEVELOPMENT?

IndicatorName: Is a national financial capability/literacy/education strategy (NFCS/NFLS/NFES) under development?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- Financial Capability/Literacy/Education strategy: Under Development

Topic: Financial Inclusion : National Strategies


Generalcomments: Has a NATIONAL FINANCIAL CAPABILITY/LITERACY/EDUCATION STRATEGY (NFCS/NFLS/NFES) already been LAUNCHED?

IndicatorName: Has a national financial capability/literacy/education strategy (NFCS/NFLS/NFES) already been launched?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- Financial Capability/Literacy/Education strategy: Launched


Generalcomments: Is a NATIONAL FINANCIAL INCLUSION STRATEGY (NFIS) UNDER DEVELOPMENT?

IndicatorName: Is a national financial inclusion strategy (NFIS) under development?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- National Financial Inclusion Strategy: Under Development


Generalcomments: Has a NATIONAL FINANCIAL INCLUSION STRATEGY (NFIS) already been LAUNCHED?

IndicatorName: Has a national financial inclusion strategy (NFIS) already been launched?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- National Financial Inclusion Strategy: Launched


Generalcomments: Is a GENERAL FINANCIAL SECTOR DEVELOPMENT STRATEGY WITH A FINANCIAL INCLUSION COMPONENT (GFSDS/FI) UNDER DEVELOPMENT?

IndicatorName: Is a general financial sector development strategy with a financial inclusion component (GFSDS/FI) under development?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- General financial sector development strategy with a financial inclusion component: Under Development


Generalcomments: Has a GENERAL FINANCIAL SECTOR DEVELOPMENT STRATEGY WITH A FINANCIAL INCLUSION COMPONENT (GFSDS/FI) already been LAUNCHED?

IndicatorName: Has a general financial sector development strategy with a financial inclusion component (GFSDS/FI) already been launched?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- General financial sector development strategy with a financial inclusion component: Launched


Generalcomments: Is a NATIONAL MICROFINANCE STRATEGY (NMS) UNDER DEVELOPMENT?

IndicatorName: Is a national microfinance strategy (NMS) under development?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- Microfinance strategy: Under Development


Generalcomments: Has a NATIONAL MICROFINANCE STRATEGY (NMS) already been LAUNCHED?

IndicatorName: Has a national microfinance strategy (NMS) already been launched?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- Microfinance strategy: Launched


Generalcomments: Is a NATIONAL DEVELOPMENT STRATEGY WITH A FINANCIAL INCLUSION COMPONENT (NDS/FI) UNDER DEVELOPMENT?

IndicatorName: Is a national development strategy with a financial inclusion component (NDS/FI) under development?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- National development strategy with a financial inclusion component: Under Development


Generalcomments: Has a NATIONAL DEVELOPMENT STRATEGY WITH A FINANCIAL INCLUSION COMPONENT (NDS/FI) already been LAUNCHED?

IndicatorName: Has a national development strategy with a financial inclusion component (NDS/FI) already been launched?

Shortdefinition:
Does this country have any of the following national strategy documents to promote activities relevant to financial inclusion:
- National development strategy with a financial inclusion component: Launched


Generalcomments: Are DEPOSIT-TAKING INSTITUTIONS required to OFFER BASIC FINANCIAL PRODUCTS to promote financial inclusion?

IndicatorName: Are deposit-taking institutions required to offer basic financial products to promote financial inclusion?

Shortdefinition:
Which of the following programs or policies has this country implemented to promote financial inclusion?
- Deposit-taking institutions are required to offer basic financial products, such as a basic account (for the purpose of promoting financial inclusion)

Topic: Financial Inclusion : Policies


Generalcomments: Are recipients of government transfers ENCOURAGED OR MANDATED TO OPEN AN ACCOUNT to receive their funds?

IndicatorName: Are recipients of government transfers encouraged or mandated to open an account to receive their funds?

Shortdefinition:
Which of the following programs or policies has this country implemented to promote financial inclusion?
- Encouraging (or mandating) recipients of government transfers to open an account to receive their funds (e.g. for pension payments, social program payments, tax refunds, etc.)


Generalcomments: Are PRIORITY LENDING policies in place to promote financial inclusion?

IndicatorName: Are priority lending policies in place to promote financial inclusion?

Shortdefinition:
Which of the following programs or policies has this country implemented to promote financial inclusion?
- Priority lending: mandatory lending requirements targeting those with limited access to financial services e.g. poor people, SMEs, agricultural sector, etc.


Generalcomments: Are REQUIREMENTS, EXCEPTIONS, TAX INCENTIVES, OR SUBSIDIES policies in place to promote financial inclusion?

IndicatorName: Are requirements, exceptions, tax incentives, or subsidies policies in place to promote financial inclusion?

Shortdefinition:
Which of the following programs or policies has this country implemented to promote financial inclusion?
- Requirements, exceptions, tax incentives, or subsidies to promote opening of branches or outlets in underserved (e.g. poor or rural) areas


Generalcomments: Are TAX INCENTIVE SAVINGS SCHEMES in place to promote financial inclusion?

IndicatorName: Are tax incentive savings schemes in place to promote financial inclusion?

Shortdefinition:
Which of the following programs or policies has this country implemented to promote financial inclusion?
- Tax incentive savings schemes (such as tax incentives for retirement, education, or medical savings)


Generalcomments: Has a SURVEY OF FIRMS including QUESTIONS ON FINANCIAL INCLUSION OR ACCESS TO FINANCE  been conducted in the last 3 years?

IndicatorName: Has a survey of firms including questions on financial inclusion or access to finance been conducted in the last 3 years?

Shortdefinition:
In order to monitor the level of access to financial services, has any agency conducted any of the following in the past 3 years?
- Survey of firms including questions on financial inclusion / access to finance

Topic: Financial Inclusion : Surveys


Generalcomments: Has a SURVEY OF HOUSEHOLDS OR INDIVIDUALS including QUESTIONS ON FINANCIAL INCLUSION OR ACCESS TO FINANCE been conducted in the last 3 years?

IndicatorName: Has a survey of households or individuals including questions on financial inclusion or access to finance been conducted in the last 3 years?

Shortdefinition:
In order to monitor the level of access to financial services, has any agency conducted any of the following in the past 3 years?
- Survey of households or individuals including questions on financial inclusion


Developmentrelevance:
Development encompasses many factors - economic, environmental, cultural, educational, and institutional -
which are difficult to measure, compare, and assemble in a unified picture. The Economic Fitness approach assumes that such factors are summed up in the possible export competitiveness of countries, and algorithmically extracts this information directly from data.

IndicatorName: Universal Economic Fitness Metric

License_Type: CC BY-4.0

Limitationsandexceptions: The trade data are necessary to define a coherent network for all countries and all traded sectors (products and services). This may have some limitations for countries in which the exported products and services are not a good proxy of their industrial competitiveness. While the fitness analysis usually refers to manufacturing only, in the Universal Fitness also services are included. However, being the corresponding database less granular (i.e., more aggregated), also the products database has been aggregated and this can mildly impact on the algorithm outputs. In the final, universal dataset the relative weight of products and services reflects the respective importance in the international trade flow. A basic concept of the algorithm is the importance of diversification. This is correct at the level of countries but it becomes gradually problematic if one moves to smaller scales like regions, cities up to individual firms where specialization becomes dominant. In these cases suitable modifications should be considered. Finally, some countries have well known reporting issues in both products and services. For instance, some countries report only at some aggregation levels. Two notable examples are Ireland and China. In order to obtain a complete and more diversified database we adopt an interpolation procedure for such misreporting countries using the average declaration of similar countries and considering different aggregation levels. We can expect the final results to mildly change if export records will change in the future.

Longdefinition: The Universal Economic Fitness (UEF) is both a measure of a country’s diversification and ability to export complex goods and services on a globally competitive basis.  Countries with the highest levels of UEF have capabilities to produce a diverse portfolio of products and services, ability to upgrade into ever-increasing complex sectors, tend to have more predictable long-term growth, and to attain good competitive position relative to other countries. Countries with low UEF levels tend to suffer from poverty, low capabilities, less predictable growth, low value-addition, and trouble upgrading and diversifying faster than other countries.  The starting data is the UN-COMTRADE list of products and the IMF-BOP list of services exported by each country. This data defines a bipartite network of countries and sectors, or goods and services. A suitably designed mathematical algorithm applied to this network leads to the Universal Economic Fitness of all countries and the Complexity of all sectors. The comparison of the Fitness to the GDP reveals hidden information for the development and the growth of the countries.

Periodicity: Annual

Relatedindicators: Economic Fitness Metric (EF.EFM.PROD.XD)

Source:
World Bank, Economic Fitness project. For more details please visit the following links.
For a detailed discussion of the data preprocessing, the computation of the universal fitness, and the economical implications: www.nature.com/articles/s41597-022-01732-5
and http://documents.worldbank.org/curated/en/309521529586431853/Integrating-services-in-the-economic-fitness-approach
The Fitness and Complexity algorithm has been introduced in: https://www.nature.com/articles/srep00723
The convergence criterion of the Fitness and Complexity algorithm is discussed in: https://link.springer.com/article/10.1140/epjst/e2015-50118-1

Statisticalconceptandmethodology: The literature of Economic Fitness uses techniques which, differently from traditional index construction approaches, do not try to average out the complexity of the system, but embraces it by explicitly building on the heterogeneity of individual actors, activities and interactions to extract relevant parameters to characterize the system.  In this way, information about production capabilities may be extracted from trade in goods and, in the case of Universal Fitness, services.  The interaction among products and services traded, and the relatively unique combinations are a precursor to future competitiveness and long-term growth.   A basic characteristic of Economic Fitness is being parameter free. The standard methods of analysis consider many elements and sum them up in some suitable way. This sum of incommensurate elements leads to a major problem of controlling noise while increasing signal. The Fitness approach starts by considering a single dataset to control noise problems.  Other data can then be added later in a controlled hierarchical framework (e.g, science, technologies). The algorithm is designed on simple and transparent economical concepts which have a clear meaning and have been extensively tested, and consists in two coupled equations to be iterated up to convergence. The iterations are stopped when a rank-based criterion is met, that is, when we estimate that the next change in ranking will be in a very large number of iterations. The evolution of each country is defined in the GDP-Fitness space which shows a strong heterogeneity in the dynamics. This novel approach to the analysis and long-term forecasting has been shown to outperform the standard methods even if it requires much less data. While the Economic Fitness is computed considering the RCA values, the Universal Economic Fitness is computed using the market shares and so while the former is intensive, the latter is extensive, that is more correlated with countries size. As a consequence, while the natural counterpart of the Economic Fitness is GDP per capita, the Universal Fitness is more comparable with GDP.

Topic: Economic Policy & Debt

Unitofmeasure: Dimensionless


Generalcomments: Does GOVERNMENT, INDUSTRY, OR NGOs participate in the multi-stakeholder structure to promote and coordinate financial education?

IndicatorName: Does government, industry, or NGOs participate in the multi-stakeholder structure to promote and coordinate financial education?

Shortdefinition:
Who participates in the multi-stakeholder structure?
- [1] Government authorities
- [2] Industry (e.g. financial service providers)
- [3] Government and industry only
- [4] Government, industry, and NGOs

Topic: Financial Capability


Generalcomments: Has the GOVERNMENT issued written guidelines DIRECTED TO ALL, SOME, OR NONE OF THE PROVIDERS OF FINANCIAL EDUCATION on content and/or methodology?

IndicatorName: Has the government issued written guidelines directed to all, some, or none of the providers of financial education on content and/or methodology?

Shortdefinition:
Has the government issued written guidelines to providers of financial education on content and/or approaches to the provision of financial education?
- Some: Yes, directed at a defined or limited set of providers of financial education (e.g. schools)
- All: Yes, directed at all providers of financial education
- None: No guidelines are issued


Generalcomments: Does the government explicitly require ALL, SOME, OR NONE OF THE  FINANCIAL SERVICE PROVIDERS to offer financial education?

IndicatorName: Does the government explicitly require all, some, or none of the financial service providers to offer financial education?

Shortdefinition:
Does the government explicitly require (i.e. via regulation, guidelines, or circular) financial service providers to offer financial education?
- Some: Yes, directed at a defined or limited set of financial service providers (e.g. cooperatives, or financial service providers in a specific region)
- All: Yes, directed at all financial service providers
- None: No financial education requirements directed at financial service providers


Generalcomments: Does the GOVERNMENT regularly collect data from ALL, SOME, OR NONE OF THE KNOWN PROVIDERS OF FINANCIAL EDUCATION on the reach of their programs?

IndicatorName: Does the government regularly collect data from all, some, or none of the known providers of financial education on the reach of their programs?

Shortdefinition:
Does the government regularly collect data directly from providers of financial education programs on the reach (e.g. number of beneficiaries) of their programs?
- Some: Yes, from a defined or limited set of providers of financial education
- All: Yes, from all known providers of financial education
- None: No data is collected


Generalcomments: WHEN was the financial consumer protection (FCP) unit in this country ESTABLISHED?

IndicatorName: When was the financial consumer protection (FCP) unit in this country established?

Shortdefinition:
When was the financial consumer protection (FCP) unit or team established? Please specify when the separate unit(s) or team(s) designated to implement, oversee and/or enforce aspects of FCP law or regulation in your agency was established. If more than one unit or team exists, please respond in reference to the unit or team responsible for FCP supervision of commercial banks:
- [1] Year the FCP unit or team established: before 2000
- [2] Year the FCP unit or team established: between 2000 and 2010
- [3] Year the FCP unit or team established: after 2010

Topic: Financial Consumer Protection : Institutional Arrangements


Generalcomments: HOW MANY STAFF work in the financial consumer protection (FCP) unit in this country?

IndicatorName: How many staff work in the financial consumer protection (FCP) unit in this country?

Shortdefinition:
How large is the financial consumer protection (FCP) unit or team in this country? Please specify the size of the separate unit(s) or team(s) designated to implement, oversee and/or enforce aspects of FCP law or regulation in your agency. If more than one unit or team exists, please respond in reference to the unit or team responsible for FCP supervision of commercial banks:
- [1] Size of the FCP unit or team: less than 10 people
- [2] Size of the FCP unit or team: 10-49 people
- [3] Size of the FCP unit or team: 50-99 people
- [4] Size of the FCP unit or team: more than 100 people


Generalcomments: What type of INSTITUTIONAL STRUCTURE for financial consumer protection (FCP) regulation and supervision is implemented in this country?

IndicatorName: What type of institutional structure for financial consumer protection (FCP) regulation and supervision is implemented in this country?

Shortdefinition:
Please indicate which statement best describes the structure for financial consumer protection regulation and supervision (and more broadly market conduct) in your country?
- [1] Integrated Single Agency Model: Financial consumer protection supervision responsibilities fall under a single agency that is responsible for all aspects of supervision (e.g., prudential and financial consumer protection) of all financial service providers operating within the jurisdiction.
- [2] Integrated Multiple Agency Model (Sectoral): Financial consumer protection supervision responsibilities fall under multiple agencies that hold responsibility for all aspects of supervision (e.g., prudential and financial consumer protection) of financial service providers operating within specific financial sectors (banking, insurance, securities, etc.). Please list the name of relevant agencies and the sectors they oversee.
- [3] Dedicated Market Conduct Agency Model: Financial consumer protection supervision responsibilities fall under a single agency dedicated to financial consumer protection supervision. Please provide the name of the agency.
- [4] General Consumer Protection Agency Model that covers FCP: Financial consumer protection supervision responsibilities fall under an agency or agencies responsible for broader consumer protection supervision within the jurisdiction, including non-financial activities. Please provide the name of all relevant agencies.
- [5] Shared financial and general consumer protection authority model - two institutions
- [6] None


Generalcomments: WHAT FRACTION OF CUSTOMERS' E-MONEY FUNDS is required to be SEPARATED FROM E-MONEY ISSUER'S FUNDS and KEPT AT HOW MANY prudentially regulated financial institutions?

Shortdefinition:
What fraction of customers' e-money funds is required to be separated from e-money issuer's funds and kept at how many prudentially regulated financial institutions?
- [1] 100% of customers' e-money funds; kept at a single prudentially regulated financial institution
- [2] 100% of customers' e-money funds; kept at more than one prudentially regulated financial institution
- [3] Only a fraction of customers' e-money funds; kept at one or more prudentially regulated financial institutions
- [4] No requirement to separate customers' e-money funds


Generalcomments: For COMMERCIAL BANKS, is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For commercial banks, is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Commercial Banks: Yes, No, or In some cases


Generalcomments: For COMMERCIAL BANKS, is all, some, or no lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For commercial banks, is all, some, or no lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Commercial Banks: All, some, or no interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: For FINANCIAL COOPERATIVES, is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For financial cooperatives, is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Financial Cooperatives: Yes, No, or In some cases


Generalcomments: For FINANCIAL COOPERATIVES, is all, some, or no lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For financial cooperatives, is all, some, or no lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Financial Cooperatives: All, some, or no interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For microcredit institutions (MCIs), is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- MCIs: Yes, No, or In some cases


Generalcomments: For MICROCREDIT INSTITUTIONS (MCIs), is all, some, or no lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For microcredit institutions (MCIs), is all, some, or no lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- MCIs: All, some, or no interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: For NON-BANK E-MONEY ISSUERS (NBEIs), is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For non-bank e-money issuers (NBEIs), is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- NBEIs: Yes, No, or In some cases


Generalcomments: For OTHER BANKS, is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For other banks, is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- Other Banks: Yes, No, or In some cases


Generalcomments: For OTHER BANKS, is all, some, or no lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other banks, is all, some, or no lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- Other Banks: All, some, or no interest rate caps or pricing limits apply to certain products or consumer segments


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is AUTHORIZATION of new or modified financial products EXPLICITLY REQUIRED?

IndicatorName: For other deposit taking institutions (ODTIs), is authorization of new or modified financial products explicitly required?

Shortdefinition:
Does regulation explicitly require authorization of new or modified financial products?
- ODTIs: Yes, No, or In some cases


Generalcomments: For OTHER DEPOSIT TAKING INSTITUTIONS (ODTIs), is all, some, or no lending subject to INTEREST RATE CAPS OR PRICING LIMITS?

IndicatorName: For other deposit taking institutions (ODTIs), is all, some, or no lending subject to interest rate caps or pricing limits?

Shortdefinition:
Are financial institutions subject to explicit caps on interest rates or other methods that limit loan pricing, e.g. maximum profit margins or maximum spread? Select one option for each type of financial institution.
- ODTIs: All, some, or no interest rate caps or pricing limits apply to certain products or consumer segments


Aggregationmethod: Weighted average

Developmentrelevance:
Agricultural land covers more than one-third of the world's land area, with arable land representing less than one-third of agricultural land (about 10 percent of the world's land area). Agricultural land constitutes only a part of any country's total area, which can include areas not suitable for agriculture, such as forests, mountains, and inland water bodies.

In many industrialized countries, agricultural land is subject to zoning regulations. In the context of zoning, agricultural land (or more properly agriculturally zoned land) refers to plots that may be used for agricultural activities, regardless of the physical type or quality of land.

FAO's agricultural land data contains a wide range of information on variables that are significant for: understanding the structure of a country's agricultural sector; making economic plans and policies for food security; deriving environmental indicators, including those related to investment in agriculture and data on gross crop area and net crop area which are useful for policy formulation and monitoring.

There is no single correct mix of inputs to the agricultural land, as it is dependent on local climate, land quality, and economic development; appropriate levels and application rates vary by country and over time and depend on the type of crops, the climate and soils, and the production process used.

IndicatorName: Agricultural land (% of land area)

Limitationsandexceptions: The data are collected by the Food and Agriculture Organization of the United Nations (FAO) from official national sources through annual questionnaires and are supplemented with information from official secondary data sources. The secondary sources cover official country data from websites of national ministries, national publications and related country data reported by various international organizations.. The FAO tries to impose standard definitions and reporting methods, but complete consistency across countries and over time is not possible. Thus, data on agricultural land in different climates may not be comparable. For example, permanent pastures are quite different in nature and intensity in African countries and dry Middle Eastern countries. Data on agricultural employment, in particular, should be used with caution. In many countries much agricultural employment is informal and unrecorded, including substantial work performed by women and children. To address some of these concerns, this indicator is heavily footnoted in the database in sources, definition, and coverage.

Longdefinition: Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.

Othernotes: Areas of former states are included in the successor states.

Source: Food and Agriculture Organization, electronic files and web site.

Statisticalconceptandmethodology:
Agriculture is still a major sector in many economies, and agricultural activities provide developing countries with food and revenue. But agricultural activities also can degrade natural resources. Poor farming practices can cause soil erosion and loss of soil fertility. Efforts to increase productivity by using chemical fertilizers, pesticides, and intensive irrigation have environmental costs and health impacts. Excessive use of chemical fertilizers can alter the chemistry of soil. Pesticide poisoning is common in developing countries. And salinization of irrigated land diminishes soil fertility. Thus, inappropriate use of inputs for agricultural production has far-reaching effects.

Agricultural land is also sometimes classified as irrigated and non-irrigated land. In arid and semi-arid countries agriculture is often confined to irrigated land, with very little farming possible in non-irrigated areas. Land abandoned as a result of shifting cultivation is excluded from Arable land.

Data on agricultural land are valuable for conducting studies on a various perspectives concerning agricultural production, food security and for deriving cropping intensity among others uses. Agricultural land indicator, along with land-use indicators, can also elucidate the environmental sustainability of countries' agricultural practices.

Total land area does not include inland water bodies such as major rivers and lakes. Variations from year to year may be due to updated or revised data rather than to change in area.

Topic: Environment: Food Security


Generalcomments: In this data set, “tree cover” is defined as all vegetation greater than 5 meters in height. It includes natural forests, but may also include plantations. Tree cover loss includes deforestation (the conversion of natural forest to other land uses) but also timber harvesting, fire, disease, or storm damage. Tree cover loss does not equate to deforestation.

IndicatorName: Tree Cover Loss

Longdefinition: Shows year-by-year tree cover loss, defined as stand level replacement of vegetation greater than 5 meters, within the selected area. The tree cover loss data set is a collaboration of the University of Maryland, Google, USGS, and NASA, and uses Landsat satellite images to map annual tree cover loss at a 30 × 30 meter resolution. Note that “tree cover loss” is not the same as “deforestation” – tree cover loss includes change in both natural and planted forest, and does not need to be human caused. The data from 2011 onward were produced with an updated methodology that may capture additional loss. Comparisons between the original 2001-2010 data and future years should be performed with caution.

Othernotes: Administrative boundaries: Global Administrative Areas database (GADM), version 3.6.

Shortdefinition: Identifies areas of gross tree cover loss.

Source: Global Forest Watch. Tree Cover Loss (Hansen/UMD/Google/USGS/NASA).

Topic: Environment: Natural capital endowment and management

Unitofmeasure: Hectares