As policy makers, we know that statistics provides reliable snapshots of our realities. Statistics allows us to paint a picture of what we hope for so that we could concretely visualize and set our goals. It allows us to form sound policy and quantitatively measure and monitor the progress of our initiatives and programs.
In particular, the development of capital markets has obviously impacted on our supervision of financial institutions: creating a single regulator gives us the opportunity to streamline notification and approval procedures for financial institutions undertaking such activity. This is something that we are now actively looking to achieve.