And public authorities should create the best possible conditions for all this to take place. 2  BIS central bankers’ speeches  Given the changing needs in today’s environment, we too need to innovate and be willing to adapt. 3.
The SEPA project Following close collaboration within the banking industry in Europe, the SEPA project officially “went live” today, with the formal launch by Europe’s banks of the SEPA Credit Transfer Scheme, the first of the new SEPA payment instruments; over the next four to five weeks, all of the Irish banks offering retail payment services will be in a position to offer this new service to their customers.