These are important initiatives – not just for our trade with EMEs, which now account for one-half of all global import growth – but also because they are essential to secure our positions in global supply chains. Third, improve productivity. To do that, we need to build on our strengths.
I’m going to cover how we use a disclosure regime to support a sound and efficient financial system and the beneficial impact of more informed stakeholders. The Reserve Bank’s prudential framework emphasises the importance of disclosure of information from the entities we have responsibility for regulating and supervising – registered banks, licensed insurers and licensed non-bank deposit takers (NBDTs).