*  *  *  It is my pleasure to make the opening comments at this event bringing together directors, senior executives and risk management professionals from both financial services and nonfinancial services organisations. The purpose of our forum is to facilitate discussion on the important topic of risk appetite and its role in commercial organisations, including of course financial firms.
These will enhance soundness and provide for enhanced confidence in the sector, supporting its role in providing important financial services to the community. We will continue to work with credit unions to support appropriate restructuring measures, the embedding of the strengthened regulatory framework, and to facilitate prudent and appropriate development.