Here I have in mind particularly the possibility to employ RegTech and SupTech tools to boost AML/CFT compliance. With the amount of money laundered globally ranging from 800 billion to 2 trillion US dollars each year, FinTech can definitely lend a helping hand. Moving on to the challenges, what stands out is the potential impact of FinTech on the broader financial system.
When it comes to dealers, ending with this week, the NBS will have purchased a total of approximately USD 1.42 billion, which is equal to the amount purchased from dealers in the course of the entire 2003. When it comes to the sale of foreign exchange, the NBS sold a daily average of USD 7.9 billion on the interbank foreign exchange market.