A first ever microfinance expo was held in the Maritime zone (from 21 to 25 March) covering Savusavu, Taveuni, Koro, Gau and Levuka. The second expo was when the Reserve Bank, in partnership with thirteen other stakeholders, including SPBD, organized a Microfinance Village at the 2011 Vodafone Hibiscus Festival in Suva from 19–27 August.
We believe that we have achieved a fair measure of compliance already, be it in terms of levels of reporting of suspicious transactions by banks, and in our successful conviction of persons for money laundering offences. However, we would be the first to recognise that there is always more to do here.