And throughout this period, we worked very closely with industry, with two-way flows of information proving extremely important in shaping policy responses, understanding operational resilience, business dynamics, and credit and liquidity risks. These initiatives continue to develop and advance as we speak. Working together – mahi tahi – (Figure 3)7 proved to be a critical catchphrase and one that we will continuously foster.
Again, this risk is two-sided. With that, Mr. Chairman, Senior Deputy Governor Wilkins and I would be happy to answer questions. 2/2  BIS central bankers' speeches