The assessment has been thorough and has been carried out in a manner that should help all of us here to further strengthen the soundness and safety of our financial sector. A careful reading of all the recommendations made in the Report does allow us to spotlight certain areas that are really vulnerable to risks.
With a financial system like ours that is fully integrated with the world’s financial system we cannot afford to take lightly the vulnerabilities highlighted therein. Despite certain disagreements that we have had with the FSAP mission’s views, I must say that the quality of the recommendations is very much appreciated.