Russian Electronic Money and Remittance Association (REMA) is an industrial association founded in 2010. It currently represents 12 largest players of the Russian e-money and money transfer industry. The Association is a widely recognized center of competence on payments, specialized regulation, financial inclusion and financial innovations both in Russia and abroad. REMA consults regulators and private companies in Russia and elsewhere on the regulatory approaches, new technologies and risk mitigation strategies. We also represent Russian payments market at the Financial Action Task Force Consultative Forums and at the Alliance for Financial Inclusion.