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"content": "As you are aware, the Presidential Taskforce on Parastatal Reforms has made key policy recommendations to consolidate some regulatory and development agencies, including those in the financial services sector. Towards this end, I will shortly be tabling the new Bills for the regulatory and supervisory aspects of the financial services sub- sector and the administrative Bill for the establishment of the Financial Services Authority for your consideration and enactment. The enactment of these Bills will go a long way to enhancing efficiency and effectiveness of regulation and supervision of the financial sector institutions,"
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