Madam Deputy Speaker, the MF acknowledges that this Bill serves to address a number of shortfalls and, in effect, amends a number of related Bills.
We are pleased at the greater clarity and assurance offered in terms of pensions of beneficiaries of the deceased. It is very important that we ensure that the families and loved ones are appropriately attended to and their rights preserved at the time of death.
I am further pleased that whistle-blowing has been addressed and the amendments made to the Financial Services Board Act will see the management of the sector and the board enhanced. It is certain that clarity has been given on a number of platforms that were previously challenged.
The MF sincerely hopes that the amendments made will service the sector and further contribute to stamping out corruption and induce effective financial mechanisms. The MF supports the Financial Services Laws General Amendment Bill. Thank you.