But there is still much ground to cover on the reform agenda. The implementation of new reforms has been uneven across countries worldwide and remains a challenge, especially as the pressure to reform has abated as the crisis has receded further in the past. 11. Financial institutions guilty of delinquency during and after the financial crisis are being pinned down by regulators.
The older and more mature markets should share their experiences and resources with the emerging partners in a spirit of equality and common destiny. The Committee of SADC Stock Exchanges should also specifically advocate a regulatory framework for the region’s financial markets that conforms to international best practices. In ending, I thank you for your attention and wish you fruitful deliberations.