Taking account of the merits of regional and international coordination and cooperation, as highlighted by the “Bali Fintech Agenda” elaborated by the World Bank and the IMF, the BCT is very active in exchanging regional experiences as regard financial innovation. Hence, it participates in the works of :

The Maghreb Fintech Committee under the auspices of the Board of Arab Maghreb Central Banks’ Governors

Creation date:

November 2018

Objectives

Watching over innovative technologies in the banking and financial industry and the international best practices of interaction with Fintechs;

Contribution to financial inclusion in the Maghreb region;

Promotion of financial innovation in the region by giving an external visibility to Maghreb Fintechs;

Coordination and exchange of experiences;

Contribution to the harmonisation of the Maghreb regulatory framework to remove any financial innovation barriers;

Implementation of a common strategy of the management of risks inherent to Fintechs’ activity;

Launching studies and surveys on Fintechs’ opportunities and challenges;

Coordination with other regional and international Fintech Committees

Governance

Presidency: in rotation i.e. It is the Central Bank’s representative who organizes the meeting

Permanent members: one or two of the Arab Maghreb Central Banks’ representatives;

Other members: external experts, if needs be

Organization of meetings

The Committee meets twice a year, if needs be

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Arab Fintechs’ Work groups under the auspices of the Arab Monetary Fund

Creation date:

December 2018

Objectives

Watching over innovative technologies in the banking and financial industry and the best international practices of interaction with Fintechs;

Contributing to the financial inclusion in the Arab region;

Promoting financial innovation in the region by giving an external visibility to Arab Fintechs;

Coordination and exchange of experiences;

Launching studies and surveys on Fintechs’ opportunities and challenges;

Governance

Presidency: in rotation between the different represented Central Banks

Interveners

Technicians and experts from Arab countries in the public and private sectors

Experts from regional and international financial institutions

Service providers

Fintech industry leaders internationally

Speakers

technicians and experts from Arab countries from the public and private sectors

Experts from regional and international financial institutions

Service providers

Fintech industry leaders at the International scale

Organization of meetings

The Committee meets twice a year and whenever necessary

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