The knowledge base established has proved useful for the supervisors to facilitate innovations by the players without comprising the stability and integrity of the financial systems of the region. These are the pillars of strong institutions of the regulators and the regulated.
The dynamic reforms being witnessed in the region point to the continued need for technical assistance and capacity building to be able to derive optimum results. In this regard, I see the role of East AFRITAC becoming more pronounced than ever before. The current areas of focus by East AFRITAC’s technical assistance and capacity building remain relevant.