Somalia

Location Africa

A ready reckoner for Somalia's state of policy, regulatory, innovation, and investment environment to enable affordable access to remittances and financial services for migrants and their families.

Location Africa

Topic Policy and Regulations

TagsAccess

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Related Resources

Migrant Money Notes

Improving AML/CFT Regulatory Frameworks to Increase Remittance Flows in the IGAD Region

This brief note is intended to be used by regulators and public authorities to improve policies, regulatory frameworks, and market and collaboration practices to enhance the flow of remittances in…

Articles and Case Studies

Understanding Informal Remittances

Understanding channels and volumes of informal remittance flows are equally essential for policy-makers. Beyond policy and regulatory efforts to formalize remittance flows, central banks should consider developing more robust models…

Reference Guides

Survey Strategy and Questionnaire on Estimating Informal Remittances

Most countries have good data on remittances sent/received through intermediaries licensed and regulated by national authorities, such as central banks. However, data collection on informal remittances, particularly in LDCs, is…