DFSA CEO Sees Need to Do More to Combat Money Laundering

The video features Ian Johnston, CEO of the Dubai Financial Services Authority, discussing Dubai's economic environment, the impact of low oil prices, and the diversification of its economy. It highlights Dubai's fintech initiatives, including the Fintech Hive accelerator, and the regulatory challenges faced in the financial sector. The discussion also covers trade finance, money laundering risks, and the balance between innovation and regulation.

What is the purpose of the Innovation Testing License program mentioned?

What are the regulatory challenges mentioned regarding money laundering in trade finance?

How does the text describe the relationship between trade finance and the real economy?