The banking industry in Uganda can take pride in four major achievements since the start of this millennium; achievements which have brought important benefits for the wider economy and the Ugandan public.
In short, we should recognize that what might appear to be a reasonable transparency measure in publishing the models will in fact result in less protection for the financial system. Thus, if the model were to be published, I would suggest that the minimum required capital levels would need to be materially increased in order to take account of the dynamics I just described.