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ITU-T Focus Group Digital Financial Services ITU-T Focus Group Digital Financial Services
                                                       InteroperabilityInteroperability



               V      The Regulator's Perspective on the Right Timing for Inducing
               Interoperability


               About this report
               This report was written by Daniel Gersten Reiss and Ricardo Teixeira Leite Mourão  from the Interoperability
                                                                                    1
               working group of the ITU Focus Group Digital Financial Services.

               The authors acknowledge the contributions received from the Interoperability working group participants and
               from Marcelo Araujo da Costa. Thomas Lammer provided the overall guidance for this project.

               If you would like to provide any additional information, please contact Vijay Mauree at tsbfgdfs@itu.int

































































               1   The views expressed herein are those of the authors and do not necessarily represent the ones from the Central Bank of Brazil
                  nor the International Telecommunication Union.



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