Moreover, it has become abundantly clear that it is important to work jointly on future issues and to prepare adequately. With this in mind, please allow me to briefly walk you through today’s topics and some key takeaways that deserve further consideration and elaboration both within the regulatory community and the financial services industry.
Today’s conference focused on three broader topics, which were covered in separate sessions: lessons learned from the COVID-19 crisis, climate change risks in financial markets, and a changing clearing landscape. Although the COVID-19 crisis took us by surprise, it offers valuable lessons for the future. Especially in the beginning of the pandemic, markets were very volatile across the globe.