nor shamsiah mohd yunus : advancing digitalisation for recovery, sustainability and inclusion speech by ms nor shamsiah mohd yunus, governor of the central bank of malaysia ( bank negara malaysia ), at the myfintech week 2022, virtual, 24 january 2022. * * * assalamualaikum, bismillahirrahmanirrahim and welcome to myfintech week 2022. myfintech week is an important event for malaysia ’ s financial sector. it is here where changemakers from finance, technology, government, business and other disciplines come together to discuss how we can shape the future of finance through technology and innovation. the theme of this year ’ s conference is “ advancing digitalisation for recovery, sustainability and inclusion ”. over the last two years, we have seen an accelerated pace of digital adoption across government, society and business unmatched in recent history. against this backdrop, this theme aims to tap into the enormous potential of digital technology to transform finance and help build a more inclusive, resilient and sustainable economy of the future. over the next five days, over a hundred speakers will discuss a broad range of issues ranging from environmental sustainability, the future of money, emerging technologies and the financial health of consumers. at myfintech week 2019 two years ago, i spoke about the dynamic shifts that the world was undergoing, and in turn, the opportunities and risks they presented to the financial industry. these included changes in the global economic order, climate change, rising income inequality and the advancement of technology. in the two years since, the severe global health and economic crisis faced by the world has brought these trends into even sharper focus. for example, the pandemic has highlighted and deepened long - standing vulnerabilities in malaysia and many places around the world. these include the fragile state of social protection systems, under - investments in health and infrastructure, and the need to improve our education system. as a result, vulnerable groups bore much of the economic, social and health cost of the pandemic and they continue to be at risk. this will affect economic and social resilience and thus not only our prospects to recover and bounce back from the pandemic, but also to deal with other existential challenges further ahead, like those in the environment and climate. on the bright side, the pandemic has demonstrated the power and potential of finance to address the pressing problems of our time. the financial

loi m bakani : financial planning for tomorrow speech by mr loi m bakani, deputy governor of the bank of papua new guinea, at the 2005 money show, port moresby. topic of discussion : creating a conducive financial system infrastructure for financial planning. * * * the minister for finance & treasury, honourable bart philemon, other government ministers, central bank governor mr. wilson kamit, members and directors of the port moresby stock exchange, invited speakers, ladies and gentlemen. the bank of png has participated in the money show since its inception, and as with the other sponsors, we see our involvement as an important contribution towards the education of our people in financial planning and investment. the money show has truly become an annual venue and source of education and awareness on financial matters. our participation is not only because of the unique position we hold in the financial structure of the country, but because the governing act, the central banking act ( cba ) 2000, also requires us to promote educational awareness, provide financial advice and ensure the safety of the financial system. in this regard, i, on behalf of the bank of png commend other sponsors for their continued support and participation in the money show. the theme for this year ’ s money show is - “ financial planning for tomorrow ”. speakers before me have and those after me will talk specifically on financial planning. what is it, why is it important, and how individuals and business enterprises can manage their financial resources and make use of various income - earning opportunities available. i will talk specifically on the area that is much closer to the activities of the central bank, that of ‘ creating a conducive financial system infrastructure to facilitate financial planning ’. the activities of the bank of papua new guinea, as most of you are aware, are governed by several legislations. these legislation include the central banking act ( cba ) 2000, the banks and financial institution act ( bfia ) 2000, the savings and loan societies act, and recently, the life insurance and superannuation acts. we can look at the financial system infrastructure from a legislative, operational and policy perspective : legislative let me first talk about the legislative aspect of the financial system infrastructure. i have mentioned the legislation that governs the activities of the central bank. these legislations were part of the government ’ s reform in the financial sector undertaken since 2000, which have given the central bank greater independence to perform its roles and objectives