Let me summarise the prospects for market access. Continued passporting rights are highly unlikely, and an equivalence decision would be an imperfect substitute. A transition period could ease some of the pressure, but it is a sensitive issue.
Today indeed marks yet another landmark event on Equity’s chequered path. I am therefore grateful for the invitation to share in this occasion. Let me at this early juncture commend the Board, management and staff of Equity on the introduction of the mobile phone banking service that I will be launching shortly.