I agree that the purposes of the reform have great impact on the financial system's ability to support growth in Israel. These purposes are: a.To reduce the concentration in the financial system and to increase competition in the capital market. b.To reduce the possibility of conflict of interest in the financial system. c.To create significant alternatives to the banking system as sources of finance.
2.I favor separating the provident funds and the mutual funds from the banks as this is a way of achieving all three of the above objectives.