The Bank of Italy, in particular, was responsible for developing the service and it was also entrusted with the task of operating the platform. From the 4CBs’ perspective, TIPS represents a break with the past as well as increasing awareness of the fact that digitalization is blurring the lines between wholesale and retail.
Yet, with the immense magnitude of financing needed, more initiative is needed to materialize our plan comprehensively. Distinguished guest, ladies and gentlemen, 18. As a final note, I would emphasize that today’s Conference is very important as it will discuss the key opportunities for Asia’s development financing now and in the future.