advised and put in place a structure, but how you actually pursue that and implement it is the proof of the pudding, isn’t it? And I guess that’s the answer ultimately to the question, but I tend to agree with you that the barrier to entry should be higher. NN: If I may add one thing, it depends what is the highest barrier of entry. If it comes to capital and where the funds come from for example, I 100% agree. When it comes to financial stability and how much money you have in the first place to start off the company, I think there is a balance to be struck between allowing a new operator, an operator that wants to operate in a compliant way, to come into the market. You need to make sure that they have enough money to actually operate sustainably for a period of time so you don’t end up with customers not having their money because the company goes insolvent very quickly, but at the same time you shouldn’t set the bar is so high that a good willed individual or company can’t actually access the market purely because of a financial barrier. That’s my two cents about that. I’d like to thank our panelists for their contributions on your behalf and I believe lunch awaits.
Lunchtime Keynote: Dr. Michel Besson, Swiss Federal Department of Justice and Police Regulator’s Roadmap: a Swiss Perspective
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