Central Bank Governors Discuss Regulatory Harmonization and Technological Advances

November 7th, 2024

On October 30, 2024 Governor Hilaire made a presentation at the Capital Markets Conference hosted by the Trinidad and Tobago Stock Exchange. In discussing the future of electronic money, he highlighted the importance of the fast payments project based on India’s Unified Payments Interface (UPI) model that was being launched in Trinidad and Tobago.

In addition, he served as a panelist alongside the Governors of the Central Bank of Guyana, Dr. Gobind Ganga and the Bank of Jamaica, Mr. Richard O. Byles, for a panel discussion entitled “Harmonizing Regulatory Oversight: Optimizing Efficiency through Prudential Supervision and Market Conduct”. During the discussion he raised the importance of recognizing and adapting to technological advances in order ensure that as a country we are not left behind. He further emphasized the importance of collaboration with regional central banks key institutions with respect to implementing policy and streamlining supervisory practices.