harvesh seegolam : market conduct supervision in challenging times speech by mr harvesh seegolam, governor of the bank of mauritius, at the finconet / bank of mauritius international seminar on market conduct supervision in challenging times, pointe aux piments, 24 november 2023. * * * the first deputy governor and chairperson of the financial services commission the second deputy governor members of the board of the bank of mauritius the chair of the international financial consumer protection organisation representatives of the oecd, finconet secretariat chief executive officers of banks and other financial institutions chief executive officer of the mauritius bankers association distinguished guests ladies and gentlemen all protocol observed. i wish you all a very good morning or good afternoon, depending in which geography you currently are if you are attending this event virtually. at the outset, i would like to extend a warm and digital welcome to all of you on the occasion of the finconet international seminar which is being organised in mauritius for the first time. this year represents a special landmark as finconet is celebrating its ten years of existence. i seize this opportunity to congratulate the founders on their vision for the laudable initiative of creating a network dedicated to financial consumer protection. the turnout for this event, both physical and virtual is testimony to the increasing importance of consumer protection in the financial services industry. i am further informed that we have participants from all around the globe. ladies and gentlemen the financial services industry occupies a pivotal position due to its fiduciary nature. consumer protection is, therefore, a linchpin for a safe and sound financial system. this has been epitomised by the united nations general assembly, in its resolution on consumer protection of 22 december 2015 which recognized that " consumer confidence and trust in a well - functioning market for financial services promotes financial stability, growth, efficiency and innovation over the long term and that the recent financial crisis places a renewed focus on consumer protection, calling for effective regulatory, supervisory and enforcement frameworks in the financial sector to contribute to the welfare of consumers ". the un guidelines for consumer protection inter - alia makes reference to the establishment of appropriate controls and insurance mechanisms to protect consumer assets, including deposits. as we all know, the delivery of financial services transcends national borders. countries, therefore, need to take cognizance of developments at international level in 1 / 5 bis - central bankers'speeches strengthening their own consumer protection environment. a forum like the one today is the

16 sep 2022 keynote speech at the treasury markets summit 2022 eddie yue, chief executive, hong kong monetary authority “ new impetus for hong kong ” distinguished guests, members, and friends of the treasury markets association ( tma ), ladies and gentlemen. opening 1. it is an honour and a pleasure to be asked to give the keynote speech at this year ’ s treasury markets summit. 2. as much as i wanted to be with you all in - person, i have to join this event virtually while travelling to international meetings. travel has been rather difficult for the past two - anda - half years but now that most cities and countries have achieved high vaccination rates and covid - related symptoms have generally become less severe, i am taking every opportunity to physically represent hong kong at key international meetings. there is really no substitute for face - to - face connection, and i do hope such gatherings are back to stay. this is a great time and a perfect opportunity for us to show the world that hong kong is back, stronger and better than ever. 3. in my remarks today, i wish to talk about hong kong ’ s progress as an international financial centre, and to highlight the rapid growth of mainland china and the rmb. no appreciation of hong kong ’ s growth can be complete without acknowledging the rest of the nation ’ s progress : looking at one without the other would be like admiring a sunrise without seeing the sky behind it. 4. so let me start with what hong kong and mainland china have achieved together in the past year and how much progress we have made as an offshore rmb business hub. i will then elaborate on the opportunities in front of us because i am very confident that our collective efforts will further strengthen hong kong ’ s position as an international financial centre. achievements in the past year on offshore rmb hub and rmb internationalisation development 5. this year, we celebrate the 25th anniversary of the establishment of the hong kong special administrative region ( hksar ) of the people ’ s republic of china. hong kong is poised to enter a new era of opportunities as we better integrate into and align with the nation ’ s development. the national “ 14th five - year plan ” and the development of the guangdong - hong kong - macao greater bay area will herald massive opportunities for hong kong. in particular, in the 14th five - year plan, the central people ’ s government reaffirmed hong kong ’ s positioning as an international financial centre and, specifically