/ 2 bis central bankers'speeches [UNK] [UNK] 不 [UNK] [UNK] [UNK] [UNK] which, using my interpretation in the context of sound banking, basically mean that it is neither possible to depend solely on good laws or solely on high moral principles or ethical values to produce the desired policy outcomes nor sustainable in the long run if one solely pursues profit maximisation. we will need the trilogy to produce sound banking and i hope that you, the ineds of banks in hong kong, will join hands and work together to accomplish this important common goal. i look forward to seeing you, fellow ineds, this time next year at the 2nd annual ined conference. 2 / 2 bis central bankers'speeches

zamani abdul ghani : scaling up financial inclusion through branchless banking remarks by mr zamani abdul ghani, deputy governor of the central bank of malaysia, at the microfinance policymakers forum “ scaling up financial inclusion through branchless banking ”, kuala lumpur, 2 december 2009. * * * introduction good afternoon and welcome to malaysia. it is very encouraging to see so many senior policymakers gathered here today to participate in this microfinance policymakers forum. thank you for taking the time to be here and for contributing your knowledge. the motivation for today's event has its roots in the forum of the united nations advisory group for inclusive financial sectors which was held in may this year in kuala lumpur. as many of you may be aware, in recognition of the importance of financial inclusion, the united nations established the united nations advisory group on financial inclusion in 2006. the group advises the united nations and member states on issues relating to the advancement of the financial inclusion agenda on a global scale. since its establishment, many successes have been achieved. these include increasing the public awareness on the importance of financial inclusion, assisting governments in the design of regulatory systems that facilitate the creation of financial services for the poor, encouraging the use of holistic measures to gauge the progress of financial inclusion as well as collecting and disseminating best practices to further advance financial inclusion. one of the topics that received considerable attention at the unag forum was branchless banking. governor dr. zeti akhtar aziz had proposed a regional forum to exchange experiences and understanding amongst central bankers and financial policy makers on issues such as institutional structure, regulatory framework and supervision requirements and the application of technology for promoting access to financial services. branchless banking offers the means to provide the full range of financial services such as payments, deposits, credit and micro - insurance services without the use of physical bank branches, thus reducing significantly the cost structure. the financial services could be provided through mobile telecommunications networks or network of non - bank intermediaries, such as supermarket chains or post offices. for the purposes of this forum, i would like to focus my remarks on three key areas. firstly, how payment systems technology is supporting branchless banking to improve access to financial services. secondly, the policy and regulatory concerns pertaining to branchless banking. thirdly, malaysia's experience in developing a more inclusive financial sector and supporting branchless banking activities. payment systems technology for branchless banking the most critical enabler of branchless banking relates to the role