And finally, I must thank Bernard Aquing who did a lot of the ground work and was an excellent and most knowledgeable Advisor, and the Inspector of Financial Institutions, Catherine Kumar and her staff, and the Committee, who did yeoman service in bringing this scheme into operation in such a relatively short time.
As you may know, the establishment of a Financial Services Ombudsman, encompassing all financial services is an important pillar of our vision for the financial sector, as outlined in the Government’s White Paper for Financial Sector Reform.