Introduction to Module 1

Número de respuestas: 10

Welcome to Module 1: Introduction to Proportionality. 

In this module, you will be introduced to the concept of proportionality and how to apply proportionality when supervising Digital Financial Services (DFS). 

The goal of this module is for you to recognise the need to apply proportionality as a supervisory approach and the impact this could have on new business models and products. It also aims to assist you in applying this approach and appropriately directing resources to the most vulnerable consumers, who are most in need. 

This module will cover the following topics:

  • What is proportionality?
  • How to achieve proportionality in supervision
    • Introduction to a risk-based approach for supervision
    • Modularisation
    • Supervisory structures
  • Innovation facilitators
    • Deep dive into regulatory sandboxes 
  • The role of gender in proportional supervision 

Outcomes

By the end of this module, you will be able to:

  1. Explain the concept of proportionality in DFS supervision.
  2. Identify the implications of new business models and products for applying proportionality.
  3. Appropriately direct supervisory resources for the most vulnerable consumers and those most in need.
  4. Recognise risk-based supervision as a means of achieving proportionality.
  5. Identify how to facilitate innovation in supervision in DFS.
  6. Recognise the disparity in gender in DFS and identify ways to promote gender awareness and financial inclusion in the supervision of DFS. 
      
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Re: Introduction to Module 1

de Rehan Masood - Group 5
How outcome number 6 is related to the concept of proportionality.
En respuesta a Rehan Masood

Re: Introduction to Module 1

de Sundus Saleem Saleem - Group 5
I think it’s about customising the supervisory and empowering interventions, while being gender aware. Like keeping the differences in mind while designing such interventions for better outcomes.
En respuesta a Rehan Masood

Re: Introduction to Module 1

de AISHA UMARU HADEJIA - Group 1
Proportionality focuses on the most vulnerable, and women are often more vulnerable in financial services because they face barriers like less access to credit so when supervisors are applying proportionality, they must recognize these gaps and direct more resources to protect women.
En respuesta a Rehan Masood

Re: Introduction to Module 1

de Erah, Dominic Ose Erah - Group 1
Outcome number 6 is related to the concept of proportionality because proportional supervision requires allocating resources and attention based on risk and vulnerability. Gender disparity often indicates groups that are underserved or at higher risk; by identifying and addressing these disparities, supervisors can tailor oversight and interventions to ensure that women and other underrepresented groups receive adequate protection and access, aligning supervisory efforts with the principles of proportionate, risk-based regulations
En respuesta a Rehan Masood

Re: Introduction to Module 1

de Muhammad Nabeel Akhtar Akhtar - Group 5
I think a fundamental part of this course is financial inclusion with both prudential and conduct lens, and gender is a key constituents of financial inclusion. Therefore, supervisors now also have to be responsible to incorporate a gender lens in their supervisory priorities and intervention. It will be interesting to learn.
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Re: Introduction to Module 1

de Khawaja Khair ud Din Khawaja - Group 5
Proportionality is the level of supervisory intensity and allocation fo resources in line with level of risk idenitfied by the supervisior within and among the regulated institutions
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Re: Introduction to Module 1

de Ahmed Jibrel Yeha - Group 2
Hello everyone, I need your reflection on the below issues

1. Given that gender differences have a difference in financial behaviors, is that really possible to explain proportionality from the perspectives of behavioral finance? how is it possible to relate behavioral finance with proportionality as well as supervision efficiency?

2. As all of we know resources are scarce and it should be utilized at optimum level in an efficient manner. Does proportionality have a detrimental or positive effect on efficient resource allocation during supervision?
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Re: Introduction to Module 1

de Mariam Nansubuga - Group 4
I look forward to exploring the gender dimension of proportional supervision, which I anticipate will offer valuable frameworks for directing supervisory resources toward the most vulnerable and underserved populations in ways that promote meaningful financial inclusion
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Re: Introduction to Module 1

de Aboo Badhasa Aboma - Group 2
I am eager to understand the need of applying proportionality as a supervisory approach and the impact it would have on new business models and products.