Conclusion Thus, to conclude: we have a full and multifaceted agenda today on a topic which, in many ways, lies at the heart of the European project: how to achieve our aim of promoting financial integration in these fast-changing, uncertain and digital times. Once again, I warmly welcome you all, and kindly invite Mr Guersent to take the floor.
As the markets digest any pronouncements from AE policy makers, we will continue to experience a toggling between “risk on” and “risk off” market behavior, which always creates “noise” in financial markets. 2  BIS central bankers’ speeches  The BSP has the tools to address such “noise” in our onshore markets, to calm our participants and keep market behavior in check.