It found a clear counterpart and theoretical underpinning in the risk management approach to asset price trends. The consensus view in pre-crisis times was that the best thing that central banks could do was to “clean-up” following the bursting of a bubble by loosening the monetary policy stance.
This will be quite a comprehensive review. Each of us, the private sector, regulatory authorities, law enforcement authorities, and many other departments and agencies of the Fijian Government will need to show that Fiji remains a committed global partner in the fight against money laundering.