To conclude, I am pleased to observe that we are among the first few jurisdictions to have fulfilled the G-20 commitment regarding reporting of OTC derivatives. I appreciate the hard work that has gone into it by the teams from CCIL and Financial Markets Department of RBI as well as the FIMMDA, FEDAI, PDAI and market participants.
That is why we consider MEFTEC, which is a showcase for the best in financial technology, plays such an important part in underpinning Bahrain’s position as the financial centre for the GCC and wider Middle Eastern region. Ladies and gentlemen, I am sure that you are eager to see what the exhibitors have to offer.