The discussion on E-money is launched at the EAG Expert Community Forum

We invite all the experts and interested sides to discuss the risks of electronic money, the possibilities of their minimization and the way these problems are solved in your countries.

Electronic money (E-money) is a new tool, which is a consequence of the development of new technologies. The main goal of E-money is to simplify the process of implementation of small payments for the population as much as possible and to increase the availability of financial services in general. Nevertheless, experts are trying to understand what risks in the sphere of AML/CFT are relevant to electronic money. In turn, the answer to this question may indicate the possible prospects of development of the sector.

At the moment the most important task is to consider whether the traditionally characteristic risks of non-cash and especially cash payments may be applicable to the sphere of E-money. In turn, solution of the problem will require an understanding of the specifics of electronic payments, their legislative regulation, and no less important, the factual state of affairs in this sector.

To participate in the discussion, please, go to the Expert Community - Forum section.