In doing this, we hope to create a separate environment and process where we can focus solely on the SAA process itself, removed from the overarching deadlines which are present in real-life SAAs. In this way, we aim to create a more robust operational framework for future SAAs.
Governance  As I approach the end of my speech, I would like to take a moment to discuss the role of governance. Not only do reserve managers have to contend with the challenges and complexities of managing foreign exchange reserves efficiently; it is also imperative that we do so with an appropriate level of transparency and with accountability.