And last but not least, there are social issues involved in digitalization. Not everyone can keep pace with the current tempo of digitization. Digital exclusion of vulnerable groups of consumers, like the elderly or people on a low income, is a serious issue nowadays.
This is only a subset of a vast area of questions that are relevant to the stability of the financial system. But I have total confidence this panel of eminent experts will be able to answer these questions shortly. This brings me to the last issue I would like to raise. How should supervisors respond to these changes?