Enhancing depositor protection in the mobile money banking sector in sub-Saharan African developing economies – a case for ring-fencing?

Article

Nsubuga, H. 2023. Enhancing depositor protection in the mobile money banking sector in sub-Saharan African developing economies – a case for ring-fencing? Journal of International Banking Law and Regulation. 38 (1), pp. 1-9.
TypeArticle
TitleEnhancing depositor protection in the mobile money banking sector in sub-Saharan African developing economies – a case for ring-fencing?
AuthorsNsubuga, H.
Abstract

This paper analyses the need for enhanced statutory depositor protection in the mobile money/mobile banking sectors, upon banking and corporate insolvency in Sub-Saharan African (SSA) developing economies. The universal banking model, and the concepts of deposit insurance schemes, or deposit guarantee (as is commonly known in the UK/EU) are analysed, their advantages in streamlining depositor protection, and the would be impact in Sub-Saharan African developing economies’ mobile banking sectors are explored. The concepts of ring-fencing and structural separation as conceptual tools that could enhance depositor protection on banking and corporate insolvency in SSA developing economies are examined.

Sustainable Development Goals9 Industry, innovation and infrastructure
Middlesex University ThemeSustainability
PublisherSweet and Maxwell
JournalJournal of International Banking Law and Regulation
ISSN1742-6812
Publication dates
Print31 Jan 2023
Publication process dates
Deposited10 Oct 2022
Accepted02 Oct 2022
Output statusPublished
Accepted author manuscript
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Copyright Statement

This is a pre-copyedited, author-produced version of an article accepted for publication in Journal of International Banking Law and Regulation following peer review. The definitive published version Nsubuga, H. 2023. Enhancing depositor protection in the mobile money banking sector in sub-Saharan African developing economies – a case for ring-fencing? J.I.B.L.R. 2023, 38(1), 1-9, is available online on Westlaw UK.
An Attribution-NonCommercial CC BY-NC use license applies to this manuscript version.

Web address (URL)https://uk.westlaw.com/Document/I72C75E4075CC11ED9016E0FF68016427/View/FullText.html
LanguageEnglish
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