48  All speeches are available online at www.bankofengland.co.uk/speeches  48  Chart 16: Change in bank capital and lending growth, 2010-2016 Growth in net loans (%), 2010 to 2016  300  200  100  0  -100 -10  0 10 20 Tier 1 capital ratio, change from 2010 to 2016 (percentage points)  30  Sources: S&P Capital IQ and Bank calculations. Chart 17: Leverage ratio as a function of the target hit rate  Target hit rate (%)  100 90 80 70 60 50 40 30 20 10 0  2  3  4 Leverage ratio (%)  5  6  Sources: Buckmann, M., Kapadia, S., Kothiyal, A. and Bank calculations. 49  All speeches are available online at www.bankofengland.co.uk/speeches  49  Chart 18: Receiver operating characteristic (ROC) curves for individual and combined regulatory tools (76 bank sample with NSFR) 1  Hit rate  0.8  0.6  0.4  0.2  0 0  0.2 LR  0.4 RWCR  0.6  False alarm rate NFSR  0.8  1  LR + RWCR + NFSR  Sources: Buckmann, M., Kapadia, S., Kothiyal, A. and Bank calculations.
The Labuan IBFC's competitiveness will be further enhanced through a revision of the pricing structure pertaining to incorporation and maintenance fee charges. There will be an annual reviews and prices will be revised in response to competitive market developments. The Labuan IBFC will also leverage on the national strategy of the Malaysian Islamic Financial Centre by promoting Syariah-compliant trusts and foundation. These products will complement Islamic financial products and services already available in Kuala Lumpur. Efforts will also be taken to further develop Labuan's captive insurance business which has enjoyed commendable growth over the years. Conclusion Ladies and Gentlemen, The establishment of Labuan as an international offshore financial centre in 1990 was indeed a bold step in its time. We are now seeing the payoffs from this initiative. With the transformation of Labuan as an International Business and Financial Centre, our ambition will be taken further. The new name signals that Labuan is ready to take on the much broader and larger role. The new name also represents a commitment. A commitment for the future. To demonstrate this commitment, the Government and the regulators have put in place the supportive and enabling environment to promote a more connected and more cost effective environment. Continued initiatives will also be taken to remove any impediments and obstacles to a more efficient delivery system and to advance forward the Labuan IBFC. 2  BIS Review 10/2008  The responsibility for ensuring the ambitions of the Labuan IBFC to be realised, is however, a shared responsibility.