By:
Robert Kwaku Annor
Vodafone M-Pesa Mozambique
has hosted a meeting organised by the Mozambican Association of Banks (AMB),
bringing together financial institutions to discuss regulatory compliance,
financial crime prevention and measures to strengthen the integrity of Mozambique’s
financial system.
The meeting provided a
platform for financial institutions to exchange experiences, harmonise
methodologies and address common challenges facing the sector amid the
continued digitalisation of financial services.
Key discussions focused on
regulatory compliance, the prevention and combating of money laundering and
terrorist financing, as well as fraud management.
The engagements are aimed at
strengthening risk management practices and promoting greater consistency in
the way financial institutions identify and respond to emerging threats.
Vodacom Mozambique said
collaboration among financial-sector stakeholders is increasingly important as
digital financial services expand and new risks emerge.
The company noted that
maintaining customer confidence requires financial institutions and other
industry players to combine technological innovation with strong commitments to
integrity, transparency and customer protection.
Vodafone M-Pesa said it
would continue supporting partnerships and platforms for dialogue that
contribute to the development of Mozambique’s financial sector and broader
economic and social development.
