 I think at the end of this incredible journey of Fiji over the past four years it's of course difficult to summarize it only in a few sentences but still let me try to give it a try. So I think three of the key takeaways are all starting with C. So the three C in my opinion stands for collaboration, confirmation and also rightfully so celebration. I think collaboration is needed for such a herculean task like banking the words unbanked this cannot be performed by any single institution alone so I think by joining forces the CPMI the committee of payments and marketing infrastructures the word bank the ITU and also the Bill and Melinda Gates Foundation have really been able to combine the best of all words. All of us have brought our key strengths to the table in financial standard setting, development, technical standardization it also fell out to be. So I think Fiji is really a proof that the whole can be indeed greater than the sum of its parts. This brings me to the second C which is about confirmation. One of the key building blocks of Fiji was the work of the CPMI and the word bank task force on payment aspects of financial inclusion or PAFI as we like to call it. So PAFI is based on seven guiding principles and we had arranged these guiding principles in a shape or in a form that resembles a house and three of the foundation in a enablers at the bottom are public and private sector commitment, legal and regulatory framework, ICT and financial infrastructures. On top of those basic foundations we have four catalytic billers that are access channels, product design, large volume use cases, and financial capability and awareness. All of them drive access and usage of transaction accounts and by applying these guiding principles over the past years in Fiji we really got the confirmation that the PAFI house is indeed an ideal home for future financial inclusion initiatives starting from the payments perspective. By the way it's almost five years now to the day in April 2016 the PAFI guidance was published and this brings me to my last C so this alone of course is not yet the reason to celebrate but I think after four years or four or so years of intensive work in the Fiji context it's really time to sit back and reflect a bit what we have achieved and yes also to celebrate to some extent because I think we can be proud of all the Fiji achievements. Of course it's granted that the inspirational goal of universal financial access has not yet been achieved but I think we are on a good trajectory to that extent and Fiji was an impressive accelerator on our journey to universal financial access and also frequent usage of transaction accounts. So these are my three key takeaways for me over the past four years which is collaboration, confirmation and celebration. I think in future and as I mentioned earlier we still have quite a steep hill to climb when it comes to universal financial access and inclusion and the pandemic hasn't necessarily made things easier. So we of course have all seen and observed that the pandemic has resided in a shift from cash to digital payments but there are two main questions in my opinion that remain to the answer. A how sustained will this change in payments behavior be and secondly and more importantly how to be insurer that those without access to digital payments are not left behind. I think there is an important trend that has already started well before the onset of the pandemic which I would call fintech for financial inclusion. So the base of innovation has substantially increased over the past five years leading to what we call as at the CPMI is the era of fintech. It has made major inroads into financial services but also payments, this fintech development and it's also playing a key role for financial inclusion and while fintech can support improved access to and the usage of safe transaction accounts it's not a panacea and therefore there's a risk that those that are not yet digitally included or financially included are left behind. So there are risks that need to be managed and for that reason one year ago CPMI again together with the World Bank published a report which shows that fintech can be used to underpin access and usage of transaction accounts but yet also kind of highlights those challenges and risks that need to be properly managed in order not to undermine financial inclusion. We record this report payment aspects of financial inclusion in a fintech era and it sets out key actions helping the relevant stakeholders to strike the right balance between increasing efficiency and ensuring safety on that. Combined with our puffy application to report which we published again together with the World Bank in September 2020 I think it provides an excellent basis for those who want to take the next step in financial inclusion. All of us would have loved to convene in person for the final fintech symposium full stop I think there's no question about that. Since this is not possible just right now we chose the format of this online symposium which aims to maximize the impact and this symposium is not only concentrated on a few days it's spread over several weeks and the online format will enable a much broader audience than possibly any in-person meeting would have been able to cater for. So I think all of us have gained over the past year or so extensive experience in online meetings and events so I'm confident that we will get the maximum out of this virtual fintech symposium and I think ideally it will have at least the same if not more impact than previous two events in view of the larger audience which we can expect in this case. I for my part I especially look forward to one of the sessions the CPMI is co-organizing which is about international remittances and the use of pitch and the services for international remittances and as many of you know international remittances are one of the large volume use cases we identified in the BAFI concept in the BAFI house and it is the real potential to advance financial inclusion and especially during the pandemic here the money sent back home to the loved ones is a real lifeline for millions and millions of people and it's more important than ever. So we have seen of course over the past years that domestic payment systems have substantially improved that just to mention instant of us payment systems but cross-border payments are still largely perceived to be slow, expensive, opaque and difficult to access. So these are not new issues however I think the improvements in domestic payments and also the development of new proposals just to think about global stablecoins for example have pushed the cross-border payments issue up to the political agenda and for those reasons the G20 at the end of 2020 approved a roadmap to enhance cross-border payments which also prominently features international remittances. So I think based on this discussion we'll get additional valuable insights what we can do in order to make a step change when it comes to international remittances and this is only the overall program itself to enhance cross-border payments by the G20 the roadmap as it refers to is a sustained real quiet sustained effort over several years and it will require crucially the partnership between public and private sector stakeholders to work together so it brings me back to my initial remark on collaboration and I think if we succeed in collaborating and all of us working towards this common goal I think we'll be able to bring cross-border payments into the 21st century with all the social and economic benefits that they entail.