Conclusion  We stand on the threshold of a cyclical economic recovery amid profound structural changes to the global economy. For the first time, emerging economic powers, China and India, are thrusting themselves into the global economy. They are forcing a major reordering of the economic landscape, whether in terms of new competition for investments and exports, or new markets for products. Despite all the problems and complexities that Asia faces, this is the most dynamic region in the world. We need to continue to restructure the Singapore economy and move up the value chain of economic activities. Singapore will continue its role as an important financial centre despite the changing  environment and challenges posed by China and India, and must find ways to benefit from these developments. Financial services will continue to be an area in which we have a competitive advantage. The economic recovery presents great growth potential. We need to position ourselves to capitalise on the opportunities. Market players must seek out and seize the business opportunities as they arise. They must continually reassess their strategies to remain competitive in this changing world, and more importantly, implement the good strategies vigorously to create new opportunities for themselves. MAS will continue to ensure the integrity of the financial sector, so that Singapore remains an attractive regional hub for financial sector activities. It will also adapt and respond to market developments to facilitate a more competitive operating environment.
The cooperation between the Riksbank, the banks and the cashin-transit companies is now made easier by the fact that two bank concerns have each built their own company – Bankernas Depå AB and Bank Service Syd AB – which represent their members. In this way, the establishment of cash depots can be speeded up and we can achieve a well-developed structure relatively soon. The Riksbank is also investigating the possibility of being able to destroy old and worn banknotes at the new depots in the future, in order to further reduce the number of cash transports. This would of course be done under our supervision. At present these banknotes are transported to the Riksbank for destruction, which gives rise to additional transports. We are also investigating whether, as a temporary solution, it would be possible to make banknotes unusable prior to transportation to the Riksbank for final destruction. I believe that the new structure will give us more economically-efficient cash management, where costs and income will more visibly fall to those who participate in the market. The banks and cash-intransit companies will find new forms for their operations and develop their own cash management in a better way than an authority can. I also believe that these measures will help us achieve a higher level of security for the provision of cash in Sweden.