Both have grown faster than the mining industry, recording compounded average growth of around 5 per cent per year. The effects are also evident in the labour market, with strong demand for various types of workers in information technology.
Surveillance authorities have to be as alert as possible, as recommended in the Financial Stability Forum (FSF) report. And we have to update and improve regulation. I also welcome the work which has been done by the private sector. It seems fair to me to give the financial institutions a chance to work out good practices and benchmark principles for their own voluntary behaviour.