It is imperative that we have close collaboration between key stakeholders working to regulate the domestic financial sector, so that there is a comprehensive understanding of the opportunities and challenges of such developments, as such collaboration and synergies are crucial to addressing any concerns or challenges, as soon as they arise.
As we further our discussions on the issue, let us explore the opportunities that new financial and regulatory technologies may present for us to improve the effective implementation of AML/CFT measures, in our respective jurisdictions and in the region.