greater market access in the domestic economy and improve the overall financial inclusion is also important. this includes the offering of new financial products to the different domestic economic segments. concluding remarks on this occasion of the official launch of hsbc amanah malaysia berhad, let me take this opportunity to congratulate hsbc bank malaysia berhad on the initiative to establish its own of the islamic banking subsidiary and for its commitment to contribute to the success of islamic finance. by allocating dedicated resources in the islamic subsidiary in malaysia, hsbc bank will enhance its potential to contribute to the advancement of islamic banking business going forward. i wish hsbc amanah malaysia berhad every success in its endeavours.

the regional central banks. to maintain effective surveillance, importance is also placed on regular engagement with the financial market participants, the industry and the public. an emerging dimension in the changing environment is to strengthen central bank communications. the aim is to enhance market understanding and awareness of the benefits as well as the potential risks and the policy initiatives in a network economy. the regular publication of the bank's monetary policy statement is to appraise markets of the direction of monetary policy. other measures include outreach programmes on investor and consumer education to enhance financial literacy. finally, bank negara malaysia has also put in place business continuity plans as part of its contingency programme to deal with all eventualities and threats to financial stability, in particular, those emanating from a more networked financial system. similar contingency plans have also been introduced in the domestic financial industry, where regular test - runs are conducted to ensure the integrity of all the back - up systems. going forward, central bank cooperation continues to be enhanced to strengthen risk management capabilities in the asian network economy. measures to enhance national surveillance is complemented by cooperation on regional surveillance mechanisms to provide comprehensive oversight over the entire regional network. closer cooperation with the respective regulators is also important to promote greater understanding of the nature of the risks involved and to facilitate the development of appropriate circuit breakers and mechanisms to contain the risks in the network. in addition to the establishment of business continuity plans to help to mitigate risks arising from outside the financial network, the harmonisation of regulatory and financial standards would facilitate the containment process. these cooperative efforts to harmonise standards are to support financial infrastructure development in facilitating the flow of funds and settlement requirements across borders. conclusion datuk seri panglima andrew sheng's lecture today will explore the behaviour of markets as networks, and the implications of such network behavior on monetary and financial stability in the asian network economy. going forward, it can be expected that the asian networked economy will become increasingly more entrenched. while this will open up new opportunities for enhanced efficiency and productivity gains in asia, a better understanding of the risks inherent in networks will better prepare the regional economies to address these risks. this will be a shared responsibility within and among the regional economies. closer regional cooperation, strategic alliances and smart partnerships will be important key responses for enhancing the prospects for higher growth and development in asia. thank you.