This roadmap will be underpinned by a balanced regulatory framework that protects consumers and maintains institutional safety and soundness on the one hand, but does not stifle innovation on the other. At the same time, we must find 1|Page  ways to ensure that supporting public and financial infrastructures are put in place within the ecosystem for sustainable innovation to flourish.
As a strong advocate towards the UAE’s innovation and FinTech agenda, the CBUAE has developed and launched multiple initiatives to help advance applications of technological innovation that will collectively benefit every stakeholder in the UAE economy. Allow me to name a few:  First, the Central Bank has finalized and is in the midst of implementing the National Payment Systems Strategy.