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
November 2018
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
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
The Committee meets twice a year, if needs be
Arab Fintechs’ Work groups under the auspices of the Arab Monetary Fund
December 2018
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;
Presidency: in rotation between the different represented Central Banks
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
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
The Committee meets twice a year and whenever necessary