*  *  *  Ladies and gentlemen, It is a great pleasure for me to be here today in Amsterdam to inaugurate the Willem F. Duisenberg Fellowship of the Netherlands Institute for Advanced Study. I am particularly delighted to be here for two reasons.
We will also be issuing guidelines on risk-based approach to pricing to help ensure that exposures of banks/financial institutions to risks associated with lending/financing activities are adequately compensated. Third, the BSP recognizes the fundamental need to create a secure, reliable and efficient digital financial ecosystem where all these innovations can come together to achieve the greatest synergy.