In the following, I will discuss the three layers that are required for us to achieve instant payments: the scheme layer, the clearing layer and the settlement layer. The scheme layer refers to a set of rules and technical standards that have to be followed by payment service providers.
And while I am sure that in the follow-up to our workshop, there will be more discussion on the extent to which the collaboration between the main providers of TA could be stepped up, I believe three aspects of technical assistance may be worth mentioning.