Good morning, and thank you for inviting me to speak at your 36th Annual General Meeting (AGM). On a personal level, let me welcome all of you to Madrid. I hope that you will have the time to visit and enjoy all that it has to offer. It's great to see meetings and events slowly taking place in-person once again. I understand that the last time ISDA held an in-person AGM was in April 2019. I don't think it's an understatement to say that the world has changed profoundly since then. A global pandemic, heightened geopolitical tensions and rising stagflationary pressures, to name just a few developments, will continue to ... (full story)