Ladies and Gentlemen, SBP has been vigilant in monitoring the progress of implementation of these guidelines by Banks and DFIs. And I am happy to share that the progress is promising. All Banks and DFIs have established Green Banking Offices and nominated chief green banking managers to supervise Green Banking activities .
Since current accounting rules do not permit this, investors must use their judgment to construct valuation distributions. Institutions should provide the information necessary to facilitate such judgments. From a medium-term perspective, the Financial Stability Forum is looking at accounting and valuation procedures for financial derivative instruments, particularly those for complex, narrowly traded products that become difficult to price in times of stress.