ITU Focus Group on Digital Financial Services published reports on DFS regulation and consumer protection
ITU Focus Group on Digital Financial Services has published two further reports as it seeks to develop an international framework of good practice guidelines for regulators, operators and providers in the telecom and financial services sectors. It has now released two new reports: one on regulation in the DFS ecosystem and another on consumer protection.
The Focus Group Paper ‘Regulation in the Digital Financial Services Ecosystem’ identifies categories of regulation and addresses a number of issues relating to managing the regulatory environment. It includes an analysis of how regulators currently work together and provides a model memorandum of understanding that national regulators can adopt to formalise their collaboration and interaction in view of co-regulating the DFS marketplace.
Consequently the Focus Group Paper ‘Commonly identified Consumer Protection themes for Digital Financial Services’ identifies four common themes that policy makers or regulators may want to consider when developing laws, regulations or guidelines around consumer protection. This includes provision of information and transparency, fraud prevention, dispute resolution and data privacy and protection.
The Focus Group is continuing its work and will publish its next set of research papers after its upcoming meeting in September 2016 in Tanzania focussing on the work of the four Working Groups: DFS Ecosystem, Consumer Experience & Protection, Interoperability and Technology, Innovation & Competition.
On the outcomes of the World Telecommunication Development Conference
The World Telecommunication Development Conference of the International Telecommunication Union, which was devoted to the theme “Iinformation and Communication Technologies for Sustainable Development Goals”, concluded its work In Buenos Aires (Argentina).
The meeting of the Board of the Ministry of Communications and Informatization
The results of the socio-economic development of the industry for the first half of 2017 were considered during the meeting of the Board of the Ministry of Communications and Informatization on August 3, 2017.
To the attention of certificate holders, applicants for the certification and those, who accept declarations
The Law of the Republic of Belarus "On conformity assessment to Technical Requirements and accreditation of conformity assessment authorities" came into force on July, 30 2017.
Preparation and testing at EMC Laboratory
EMC Laboratory under JSV Giprosvjaz conducts assessment of telecommunication equipment.
Changes in the Rules for the telecommunication services provision
The Resolution of the Council of Ministers of the Republic of Belarus № 518 dated from July 12, 2017 made some additions and changes to the Rules for the telecommunication services provision and the Rules for the of lines, communication structures and radio communications protection in the Republic of Belarus.