The Mobile Money Regulatory Index Report 2021: An indispensable guide to assessing the impact of regulation upon mobile money
GSMA published the Mobile Money Regulatory Index (MMRI) which is a tool for the assessment of the effectiveness of mobile money regulatory frameworks. The MMRI outlines profiles for each global region including over 90 countries. It assesses each country against their 2018, 2019, and 2020 regulatory frameworks and provides an assessment of the impact of regulations as per a comprehensive set of indicators, with each indicator scored out of 100, and the higher the score the more enabling the regulation. The report also offers a clear guide to policymakers to best target interventions to incentive the growth of mobile money adoption and, by extension, overall financial inclusion. Additionally, the MMRI’s analysis of each country includes an individual score and traffic light for six factors (each of which comprises 26 indicators) including authorisation, consumer protection, transaction limits, know-your-customer (KYC), agent networks, and investment and infrastructure environment.