We need to up skill our supervisors to be able to properly assess these modern products, instruments and systems. The on site supervision of financial institutions now includes examination of anti money laundering. Key concepts like CDD (Customer Due Diligence) and KYC (Know Your Customer) are well in place in our commercial banks and other non-bank institutions.
In the first quarter of 2007, industries with high energy consumption and heavy pollution grew relatively fast. Six industries, that is electricity, steel, non-ferrous metal, construction material, oil chemistry and chemistry industries, accounting for 70 percent of the total energy consumption and emission of sulfur dioxide, grew by 20.6 percent, up 6.6 percentage points.