For each and every one of the decisions we take, I naturally ask myself: What is my task? What interests are at stake? What is my statutory mandate? For the ECB, the mandate is to preserve price stability. As banking supervisor, other things come into play such as contributing to financial stability and that’s what I do every day.
Given the nature of developments in payment and settlement systems and the role played by the Information Technology, we would all stand to gain if we share our experiences amongst ourselves.