At the other extreme, we could design a CBDC that would allow parties to transact on a fully anonymized basis; this approach would address privacy concerns but would raise significant moneylaundering risks. A final risk is that developing a Federal Reserve CBDC could be expensive and difficult for the Federal Reserve to manage.
(4) for the year 2002 regarding Criminalization of Money Laundering, and the role played by fellow members of the committee in facilitating exchange of information, and ensuring coordination between the bodies they represent, and generally representing the UAE in issues and relating to combating money laundering and terrorist financing.