In this regard the Central Bank’s 2018 membership in the global Alliance for Financial Inclusion (AFI), will yield returns in terms of how we build capacity to regulate and create more enabling frameworks to spur beneficial developments in the Fintech space.
Particular problems are posed by the coexistence of different  BIS Review 130/1999  6  legal systems, as reflected, for instance, in divergent master agreements. To cite an example, alongside the PSA/ISMA master repo agreement customary for international transactions, there are a number of national framework agreements, e.g. for Germany or France.