Therefore, it is necessary for the UAE now to expedite the issuance of the public debt law and to set up the needed market infrastructure, as a first step on the way to a vibrant domestic debt market.
Excellencies Ladies & gentlemen With this I come to the end of my speech, but before I close, I would like to thank the Basel Committee on Banking Supervision (BCBS), the FSI of BIS and the AMF, for holding this important high level meeting here in Abu Dhabi, UAE. I wish you all a successful meeting.