I was very much involved in the establishment of the Authority as the groundwork was done at the Reserve Bank. I can remember some of the ground breaking decisions that were taken then. They have begun to bear fruit. Of course, one of the key roles of the Authority is to regulate the market to ensure that everyone plays by the rule.
The underlying aim is to protect the investors’ interest. This is very important. Confidence in the operation of the market is critical to people like you using the market. A lot has been achieved over the years in this regulatory area. I recall that one of the other major roles that we identified the Authority to have was to develop the market.