 21st of October is Global Ethics Day. So, let me tell you just a little bit about the importance of being ethical. What is it being ethical? It's behaving, acting and being ethical. And it goes beyond mere compliance with the laws, the rules and the policies. Being ethical is a commitment that guides our behaviour and drives us to make the right choices. Even when we're faced with challenges or put under pressure. To use one of my former colleagues' expression, it's doing the right things, even when nobody is watching. The ECB's impact and credibility depend on public trust. A trust that we all act with impartiality and serve the public interest. And without such trust, our institution would not be able to enjoy or maintain its high standing in society and deliver on its mission. But ethics are not just about the perception of others. Ethics help us do our jobs properly and act in the right way towards one another. Ethics help build and preserve a respectful work environment, which makes the ECB a better place for all of us. All of us, because all of us are concerned and have to respect this principle of being ethical. Staff members, management, executive, board members, all of us. And it has to permeate everything that we do. To reinforce our shared ethical values, the executive board will soon introduce an enhanced whistleblowing framework. What will it do? It will allow staff to speak up in full confidence. It will allow staff to report possible breaches of professional duties, inappropriate behavior or other irregularities, very simply and anonymously via a dedicated platform. And what's more, it will protect those reporting such wrongdoing. So let me take this opportunity to thank all of you on behalf of the executive board for your continued support in safeguarding our institution's reputation, a task that starts and ends with each and every one of us. Thank you.