This observation of his pattern of transactions will let the bank draw up a customer profile. Once this is established any exception to the norms can raise a red flag and tracked or confirmed with the customer.
We have here with us representatives of consumers, the financial services industry and broader stakeholder groups, as well as colleagues from the European Supervisory Authorities, other national regulatory authorities and members of the press. I want to welcome our speakers and panellists and thank them for their engagement and commitment. We are privileged indeed to have such eminent representatives with us today.