I do not exclude that we will conclude that there is a real case for enhancing the present framework which relies essentially on the vigilance of the financial institutions that are themselves under supervision as regards their counterparty risks on the hedge funds.
In each case, the CBB has moved quickly to provide an enabling regulatory environment for the sound and stable development of that segment of the industry. Ladies & Gentlemen, I have no doubt that Bahrain, as the Middle East’s most mature financial centre, will remain at the forefront of financial developments in the Middle East region.