Membership in the consultative forum will provide both the CBK and CMA with an opportunity to contribute in key decision making and policy formulation from a regional and global perspective for the benefit of our entire financial sector. It will also create an avenue to contribute in shaping the development and implementation of financial sector policies aimed at realizing financial stability.
I am sure that both the CBK and CMA will carry the voices of the other domestic financial sector regulators. Ladies and Gentlemen: The continuous evolution of the financial sector towards greater sophistication and value provision requires the regulators to move ahead in surveillance and vigilance to maintain the requisite stability and efficiency.