As a micro- and macro-prudential authority, the Bank of Italy is called on to stimulate and favour the adaptation of the business models of all intermediaries under our supervision to the increasing pace of technological adoption, to ensure that they remain safe, sound and supportive of the real economy despite the competitive pressures put on them by new players.
Although a comprehensive discussion of all these projects is not realistic in my short presentation, it may be worthwhile to at least mention a few of them. Supervisory personnel from SEE countries have participated in training seminars offered by the Financial Stability Institute of the BIS and by the Joint Vienna Institute.