MSC has worked extensively with central banks of countries across Africa and Asia. We strengthened the regulatory and supervisory framework for microfinance with the Bank of Papua New Guinea (BPNG). We assisted BPNG to establish the Centre for Excellence in Financial Inclusion (CEFI), the apex national institution to coordinate all financial inclusion activities in Papua New Guinea.
In Vietnam, MSC provided technical assistance to the State Bank of Vietnam to improve the legal framework and to strengthen the regulatory and supervisory capacities for the microfinance sector. In the Philippines, we provided technical assistance for Bangko Sentral ng Pilipinas (BSP) to strengthen the capacity of the consumer protection and education committee. Our efforts were to develop, disseminate, and evaluate consumer protection advisories.
We have provided training on agent networks, risks management and the regulation and supervision of digital finance to Bank of Uganda, Nepal Rastra Bank, Bank of Zambia, and many others. We continue to work with Bank Indonesia and Otoritas Jasa Keuangan (OJK) to provide analysis and guidance on the regulations governing digital financial services and agent networks.