There are indications of a certain increase in precautionary liquidity, but there have been no signs of tension in the short end of  BIS Review 145/2007  1  the money market, and Danmarks Nationalbank has not had to conduct extraordinary open market operations in this connection. Danmarks Nationalbank's normal open market operations take place via a so-called open window.
The Bank has always adopted an enabling approach with regard to new technology in order not to stifle innovation. MauCAS is a testimony of the Bank’s commitment towards maintaining an innovative, yet secure, payment system ecosystem. The launch of MauCAS is not the end in itself. It is the start of a fantastic journey.