Toolkit: Policy Making for an Inclusive Financial System
As of 2018, the number of countries publicly committed to promoting financial inclusion tops 90 and continues to grow. Many of these countries’ financial regulators and supervisors are explicitly tasked with implementing policies and strategies on financial inclusion (I) alongside their core responsibilities for promoting micro- and macroprudential stability (S), financial integrity (I), and protecting financial consumers (P), collectively referred to as I-SIP.
This CGAP Toolkit uses lessons learned from organization’s extensive analysis of real-life country experiences. It helps financial regulators and supervisors to implement a structured approach for managing the complex interplay among the I-SIP objectives – the I-SIP Approach. The approach outlined in the toolkit has been used successfully in different policy-making environments and can be adapted to fit your needs.
It features a brief overview of the I-SIP Approach, four things to keep in mind as you begin, and the structured process rendered in seven steps. It is complete with annexes that give you more in-depth information and links to other resources and a workbook you can use to document your ideas and progress.