First, I would like to thank Agustín Carstens, not just in his capacity as a representative from the Bank for International Settlements but also as one of the many international central bankers and government representatives I have had the privilege of working with, some of whom have joined us here in Frankfurt. I am delighted to see him here with us today.
Second, I would like to mention Danièle Nouy and Sabine Lautenschläger as representatives of the still-young European Single Supervisory Mechanism. It’s quite remarkable to see what has been built up over the past four years, and I am proud to have made my own small contribution under their leadership.