02420cas a2200337 a 4500 AALejournalIMF022338 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513587851 1018-5941 BD-DhAAL BD-DhAAL Shirono, Kazuko. Is Mobile Money Part of Money? : Understanding the Trends and Measurement / Kazuko Shirono, Esha Chhabra, Bidisha Das, Yingjie Fan. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (41 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The rapid uptake of mobile money in recent years has generated new data needs and growing interest in understanding its impact on broad money. This paper reviews mobile money trends using mobile money data from the Financial Access Survey (FAS) and examines the statistical treatment of mobile money under the IMF's Monetary and Financial Statistics (MFS) framework. MFS guidance is straightforward in most cases, as many jurisdictions have adopted regulations which ensure that mobile money is captured in the banking system and thus in the calculation of broad money. However, in cases where mobile network operators (MNOs) act as niche financial intermediaries outside the banking regulatory perimeter and are allowed to invest their customer funds in sovereign securities and other permitted assets, mobile money liabilities may remain outside the banking system as well as monetary statistics. In that case, information on mobile money liabilities need to be collected directly from MNOs to account for mobile money as part of broad money. Mode of access: Internet Government and the Monetary System imf Monetary Systems imf Payment Systems imf Regimes imf Standards imf Chhabra, Esha. Das, Bidisha. Fan, Yingjie. IMF Working Papers; Working Paper ; No. 2021/177 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/177/001.2021.issue-177-en.xml IMF e-Library