Organization Of Eastern Caribbean States Commission Tender

Request for expression of interest: Consulting Services to Support Development of the Payment Systems Strategy Scope of Work Draft a comprehensive Payment System Strategy. The Strategy document should focus on both, retail and large value payment systems as well as payment system oversight. It should describe the current status, identify bottlenecks, risks and opportunities, and put forward a concrete action plan. Some of the aspects that the strategy would have to include: - Financial inclusion and financial education; - Legal/regulatory framework (incl. development of regional/national level harmonisation in respect of the licensing of non-bank payment system providers) - Oversight (incl. identifying oversight functions for payment system providers, onsite and offsite) - Risk management framework including regulations and governance. - Infrastructure and interoperability; - Interlinkages of payments and FinTech market innovations; - Prominent use cases such as government payments, international remittances, e-commerce. The Consultant is expected co-ordinate and discuss with the ECCB, the World Bank and other identified stakeholders to invite feedback and ensure consistency with policy recommendations. Also the strategy document needs to ensure alignment with the Vision and Modernization Plan for the Payment System in the ECCU (prepared by the ECCB) and which will be shared with the Consultant. Project ID: P171528 Procurement Method: Individual Consultant Selection Submission deadline date/time: apr 30, 2021 23:45 Language of Notice: English WORLD BANK (WB),