Your Excellency, Absa’s leadership in the African financial markets landscape is not disputed at all. For example, Absa has single-handedly supported the creation of an Africa-wide Absa 4  Africa Financial Markets Index. This index studies key developments in financial markets of several countries in Africa and recommends alternative solutions, which is helping to deepen the financial markets in Africa including Ghana.
Based on the actual needs of Shanghai in its development as an international financial center, the PBC and SAFE have worked with relevant authorities, hoping to launch in Shanghai more pilot programs regarding financial laws and regulations, such as those on nominal holding and multi-level custody of securities, clearing and settlement modes, information disclosure, accounting standards, investor protection, and the punishment of illegal financial conduct.