I have found the phrase particularly appropriate in describing the situation often faced by policy - makers having responsibility for a financial system . this is a situation in which there is conflict between the public interest in ensuring effective financial intermediation that promotes the general well - being of the community , and the private interest of financial intermediaries in maximising profits 我发觉用它来形容专责金融体系的决策者所面对的局面尤其适当，原因是在维护公众利益，即确保金融中介活动有效进行以惠及整体社会，与金融中介人尽量争取盈利的私营利益之间存在矛盾。
Long gone are the days when the equity market was run by , and primarily for , the financial intermediaries rather than as a channel for financial intermediation . long gone are the days when the market can be closed for days and this important financial intermediation channel brutally disrupted because the financial intermediaries got into difficulties 事实上，证券市场由金融中介人把持，并以其私利作主导的日子，早已一去不返金融中介人遇到困难，以致要宣告股市停市，使这个重要的金融中介渠道突然被堵塞的情况，也将不会再出现。
To ensure reasonableness , policy - makers often , and rightly , rely on the competitive forces of the market . but this is not always possible , at least not to the fullest extent , because the specialised role of the intermediaries , in handling other peoples money , can only be performed by those with a high degree of integrity 为确保报酬合理，决策者往往有需要倚赖市场力量发挥效用，但这个做法未必任何时候都适用，原因是金融中介人是负责处理别人的资金，这个独特的角色必须由具高度诚信的人来担当。
Those who have money to save and those needing money for productive investment are generally well served by the financial system of hong kong current low deposit interest rates notwithstanding and the financial intermediaries are in a position to appreciate the wider public interest of an effective financial system 无论是手持储蓄或寻找投资资金的人，都可利用本港的金融体系即使现时存款息率偏低金融中介人亦应能充分明白有效的金融体系要符合广大的公众利益。
In the more complicated cases of the debt and equity markets , where the investors actually take on the risk of the fund raisers , the roles of the financial intermediaries include the creation of the financial instruments in the primary markets the stock exchange and the underwriters of new share issues and the brokering of transactions in these instruments in the secondary markets the brokers and the market makers 至于在较复杂的债市及股市，投资者直接承受集资者的风险，金融中介人的角色则包括在第一市场创造金融工具即作为证券交易所及新股上市的包销商，以及在第二市场促成这些工具的交易即作为经纪及市场庄家。
