A snapshot on the  BIS Review 99/2010  3  implementation result currently shows that 80% of the population has some form of savings account. In term of penetration of deposit and loan accounts, Malaysia is currently among the highest in the world with ratio of 3,300 deposit accounts per 1,000 adults and 1,100 loan accounts per 1,000 adults. Malaysia has also been championing the structured advance of Islamic finance around the world. Such a structured advance of Islamic finance is in fact part and parcel of financial inclusion. In this regard, we believe that Malaysia is able to support the work of the FATF and the APG on initiative related to financial inclusion through the sharing of our experience. In addition, given that ML/TF activities often involve predicate offences under the purview of more than one enforcement agencies, there is an increase of collaborative initiative among the law enforcement agencies. This is manifested in the establishment of collaborative platform at management and working levels of relevant agencies. Again, these are aimed at coordinating collective actions at domestic and regional level against ML/TF and other related predicate crimes. Within the platform, several working level task forces have been set-up to facilitate joint investigations and enforcement actions. Expectation on financial institutions to strengthen AML/CFT governance and capability Let me now move to the third and final area for my remarks today, that is on our expectation on how financial institutions should respond to these developments.
We vote at shareholder meetings in line with pre-defined principles and publish our voting results on a regular basis. We also make shareholder proposals and participate in consultations based on the fundamental principles that we apply in the exercise of ownership rights. Norges Bank integrates the considerations relating to corporate governance, the environment and social conditions into the investment process. In some cases, this has resulted in decisions to sell or not to acquire certain shares. Since 2012, the Fund has disposed of holdings in palm oil and mining companies. Because the Fund is a long-term financial investor, we place considerable emphasis on our role as responsible investor. The overriding goal, which is the highest possible return at an acceptable level of risk, remains firmly established. The Strategy Council for the Government Pension Fund Global recently put forward recommendations to strengthen the work on responsible investment. The Council points to the need for clarifying objectives, roles and responsibilities, while highlighting that the aim of the Fund is to maximise returns. The manager of the Fund should thus gear its activity to increasing the Fund’s value. If the Fund is perceived as an instrument for achieving other political objectives, its role as investor will be undermined. This is sound advice. If Norges Bank is assessed using criteria other than return and risk, its mission will become unclear. This might also impact return performance. There must be no doubt as to the objective of investment management.