Adoption of new products requires participation from market participants in terms of providing liquidity, contributing to price determination and easing operational constraints. It is upon the market participants to take the baton forward to develop the market and offer innovative financial 10  products to a broader set of clients. The RBI will remain constantly engaged with the market bodies and participants.
Another side we cannot ignore is the cost of financial education initiatives, which is why we need to make a gradual approach and to assess the initiatives to find out how effective they are, so as to bet on the most suitable education initiatives. 5. Banco de Portugal has committed itself to promote financial education for several years now.