I am particularly pleased that the CLS delegation to mark this key milestone is led by none other than the Chairman of the CLS Board, Mr Kenneth Harvey. We welcome you and your colleagues to South Africa, and thank you for coming all the way. The CLS is one of those mission-critical systems that can be compared to the plumbing system of a building. Just as most of us never think about the plumbing of a building and take for granted that it is there and works, the CLS also runs very much in the background of the foreign-exchange market. It is only when there is a leak or a pipe bursts that we realise how important plumbing is. In the context of the CLS, if a big pipe bursts and cannot be fixed quickly, this can result in major disruptions to the foreign-exchange market, with potential rapid spill-over effects to the rest of the financial system, which at worst could bring about financial instability on a global scale.