But also on our side of the Atlantic, payment institutions use third parties to deposit their clients' funds for safekeeping. And here lies a risk, or at least a responsibility. The responsibility to monitor the creditworthiness of that third party. Unfortunately, we know from our thematic examination on safeguarding that a number of payment institutions do so insufficiently.
Both public and private investment would be key to financing our infrastructure investments. CII can play a creative role in this regard. 24. In my address today, I have tried to move away from an outlook overcast by the morbidity of the pandemic to one of optimism.