*  *  *  The President of the Malawi Law Society, Mr John Gift Mwakhwawa; The General Counsel and Bank Secretary, Mr Samuel Malitoni; Distinguished participants; Ladies and gentlemen; It is indeed an honour for me to address this distinguished gathering whose main purpose is to provide an opportunity to the Malawi Law Society to be acquainted with the financial services laws in particular, the Financial Services Act 2010, the Banking Act 2010, the Pensions Act 2010, the Securities Act 2010 and the Insurance Act 2010.
This seminar will also afford the Reserve Bank of Malawi an opportunity to highlight areas that are likely to be controversial in the financial sector, leading to litigation in the High Court and subordinate courts. Distinguished ladies and gentlemen, As a way of background the legal and regulatory reforms project started way back in 2002.