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MDC Details

Maya Declaration Commitment Target Status View

Promoting consumer protection principles for persons with disabilities.

Palestine Monetary Authority

Qualitative Consumer Empowerment & Market Conduct
In Progress

Reaching 30,000 users of the β€œMasrafi” application, the first virtual educational bank targeting school students, by the end of 2026

Palestine Monetary Authority

Quantitative Financial Inclusion of Youth
In Progress

Develop templates and establish a Database for Financial Consumer Protection

Central Bank of Sri Lanka

Qualitative Consumer Empowerment & Market Conduct
Completed

Enhance awareness of PMA Financial inclusion priorities on the global stage by documenting, producing and publishing the best practices and impact stories.

Palestine Monetary Authority

Qualitative Overarching National Goal
In Progress

Develop an integrated digital platform (web and mobile application) for National Financial Literacy Program (NFLP)

Palestine Monetary Authority

Qualitative Digital Financial Services
In Progress

Develop National Financial Literacy Program (NFLP) with associated Action Plan for Implementation, including gender-specific curricula.

Palestine Monetary Authority

Qualitative Financial Literacy & Financial Education
In Progress

Establish a Risk Ratings framework for Licensed Banks and Licensed Finance CompaniesΒ to assess financial consumer risk

Central Bank of Sri Lanka

Qualitative Consumer Empowerment & Market Conduct
Completed

Safe Return of the Over-Indebted Back to the Financial Markets

Central Bank of Armenia

Qualitative Consumer Empowerment & Market Conduct
In Progress

Personal Data Protection The Consumer Empowerment Center has started working on setting clear rules and regulations concerning consumers personal data protection within the financial sector. This action is guided by the global best practices and tends to increase people’s trust toward financial institutions.

Central Bank of Armenia

Qualitative Consumer Empowerment & Market Conduct
In Progress

Data Driven Policies With the adoption of its new strategy, the Consumer Empowerment Center has refocused its efforts toward implementing data-driven, consumer centric policies. While similar initiatives had been undertaken in the past, the current approach marks a significant advancement in terms of structure and sustainability.

Central Bank of Armenia

Qualitative Financial Inclusion Data
In Progress