If we were to simply divide our front line supervisors evenly between the 10,000 plus firms we regulate, we would not be able to do very much proactive work at all and we would certainly not have enough resources to understand our major firms well. One alternative would be to recruit more supervisors.
To bring them on stream in an orderly manner we are putting in place an on-line real-time monitoring system. This is all part of the vigilance necessary to improve on our record in the implementation of the Financial Intelligence and Anti-Money Laundering regime.