Acknowledging nonetheless that the implementation of the reform agenda is not yet complete, I want to draw your attention to two challenges. The first challenge is confronting regulatory fatigue, and not forgetting the lessons of the crisis.
Although the crisis broke out only ten years ago, its memories begin to fade and in some corners of the industry a renewed push for deregulation can be heard. Also we ourselves on the public side have been working on developing and implementing the reform agenda for close to ten years now.