I would like to thank the CFA Institute and CFA Societies Australia for the invitation to speak this afternoon. I would also like to acknowledge the work that the CFA and its members have done in promoting the integrity of capital markets and the provision of ethical investment advice.
Over recent years we have seen too many ethical lapses in the global financial services industry and the bonds of trust between investors and institutions have been strained. Strengthening these bonds is critical to the financial services sector playing its important role in promoting a strong and vibrant global economy. I wish you all the best in pursuing this important task.