Let me touch briefly on the reasons why we saw it fit to invest resources in the construction and outfitting of such a building. One of our key roles is to ensure the stability and soundness of the financial system. Like any other organisation, the Reserve Bank, in performing its roles, faces a number of risks. These include operational, strategic, and reputational risks.
Like most responsible organisations, we currently have in place, business continuity plans, to address any likely risks. We need to ensure critical operations can continue unabated under worst case scenarios. Any failure on our part could seriously jeopardise the functioning of the whole financial system.