BIS central bankers’ speeches  1  solemnity of laws and fundamental orders, its quantity must be made proportionate to needs, that is, to the volume of transactions.”2 It was not until 1893 that the Bank of Italy was founded, with the main task of centralizing the function of note issuance, which until then had been distributed among six local banks.
Follow your heart  These six principles when viewed in the context of this conference can be interpreted to pose some fundamental issues. First, can the prepaid industry today proclaim that they have done all what could have been done?