As bank holding companies began to widen their activities, and as new technologies permitted not only the development of new products but also the systems for controlling them, the banking organization was impelled to develop centralized risk control techniques that crossed legal entities.
AML/CFT is an important issue, but the most advanced economies consider that they should first be addressed through regulatory and supervisory measures. Issues regarding CBDC What, then, will be the roles and functions expected for CBDC, other than those discussed in these cases? To respond to this question, it might be beneficial to review the fundamental roles of the currency.