As recently recommended by the Financial Stability Forum 8 , market participants should make further efforts to ensure that the settlement, legal and operational infrastructure underlying over-the-counter derivatives markets is sound. I know that also the CPSS closely monitors developments in this area. 8  4  “Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience”, April 2008.
It is now possible to open a payment account, apply for a payment card or loan without going to a bank. In 2020, we had 71.5 thousand distance contracts, which is roughly 62% more than in 2019, with over 6,000 of these contracts concluded using video-identification of the consumer. And yet, let me add another thing. Innovations make life easier.