We are therefore monitoring closely the charges that banks are imposing on the use of FIJICLEAR and we plan to engage them on this issue in the near future. Ombudsman and Financial Services Commission Finally on the financial system, we are working with the Ministry of Finance on implementing Cabinet’s decision to establish a Financial Services Ombudsman Scheme and Financial Services Commission.
Why was the United States, a mature economy, the recipient of net capital inflows that rose to as much as 6 percent of its gross domestic product prior to the financial crisis? A significant portion of these capital inflows reflected a broader phenomenon that, in the past, I  BIS central bankers’ speeches  1  have dubbed the global saving glut.