Al Marri emphasized the importance of coordinated international and collaborative efforts with innovative proactive ideas and strategies to develop new integrated policies in the financial sector and banking sector to build a highly efficient system in the face of widespread financial crimes.
He added: "The financial sector has witnessed rapid transformations and developments as a result of technical progress and digital applications. Financial policymakers must create a comprehensive system that ensures the continuation of technological progress and knowledge transfer while strengthening mechanisms to curb modern financial crimes."
"As a consequence of technological advances and digital applications, the financial industry has seen significant revolutions and developments," Al Marri continued. Financial policymakers must develop a comprehensive framework that ensures the advancement of technology and the transfer of knowledge while also improving measures to address new financial crimes.
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