Harish Natarajan

Feb 12, 2024 | blogs.worldbank.org | Andres Martinez |Andrés Martínez |Harish Natarajan |Will Paterson

Many policymakers have used safeguarding tools to protect funds against loss of value and illiquidity risk, but the rules may not provide sufficient safety in practice. For example, many common law countries require mobile money firms to store funds in a trust. A trust structure aims to ensure funds provided by customers are unreachable by the firm's creditors during insolvency proceedings.