Ladies and gentlemen,
It is a great pleasure to be here at the Europlace Financial Forum and I would like to warmly thank the conference sponsors and, in particular, the Global Association for Risk Professionals, for inviting me to be here.
As the global economy marks one decade since the worst financial crisis since the Great Depression, it is clear that the rules of the game have changed. Technological developments are accelerating exponentially while both policymakers and market participants are racing to keep pace. As supervisors, we along with economists, firms and individuals are all wondering what the financial markets of the future will look like so that we can seize the immense opportunities that will emerge, minimize, and prepare for the inevitable risks.
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