4th Growth and Resilience Dialogue with Social Partners Presentation

Lessons Learnt

1. Payment system development should be recognised as a continuous strategic priority . 2. There is no substitute for central bank leadership of the payment system development programme. 3. Collaboration is of critical importance and should be promoted . 4. Preserving business models and competitive positions should not take precedence over changes required to promote financial system stability and wider access and utilisation of financial services and instruments. 5. An accommodating regulatory framework is not sufficient for attracting FinTech firms and driving innovation in the financial services sector.