In order to maintain internationally acceptable quality we must constantly upgrade our performance in all these aspects – improving the adequacy of regulation, the appropriateness of legislation, and the processes and skills which enable government and private firms to provide an efficient professional service. The anti-money laundering (AML) framework, and the way we execute that framework, are crucial aspects of our quality control.
If there is one thing that has become clear from the discussions, it is this: it is important for us to be on the same page if we are to embrace the opportunities and efficiently mitigate the risks that technological advances bring to the financial sector and indeed, the economy as a whole.