In the face of evolving financial technologies and increasing demand for inclusive digital financial services (DFS), regulators in Pacific Island countries and Seychelles recognized the need for a collaborative approach to strengthen their supervisory capabilities. The Alliance for Financial Inclusion (AFI) commissioned a study to explore the development of a shared SupTech and RegTech solution that could enhance regulatory effectiveness, promote innovation, and accelerate financial inclusion across the region.
MSC led the study to assess the feasibility and design of a unified digital supervisory tool for Pacific regulators. Adopting a collaborative, stakeholder-driven methodology, the project unfolded in six distinct phases. These included comprehensive landscape assessments, in-depth stakeholder consultations, technical feasibility analysis, and the cocreation of a five-year implementation roadmap. Throughout the process, MSC worked closely with central banks, regulators, and development partners to ensure the proposed solution addressed regional needs while remaining scalable and cost-effective.
The study culminated in a high-level regional workshop that brought together key regulatory actors and development agencies to validate the findings and align on next steps. This convergence laid the foundation for a resilient, future-ready regulatory ecosystem tailored to the Pacific context. The roadmap and recommendations developed by MSC now serve as a strategic guide to help regulators harness technology, improve supervisory oversight, and create a more inclusive financial environment across the region.
This project was commissioned by the Alliance for Financial Inclusion (AFI).
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