BIS central bankers’ speeches  5  Appendix: Summary of the decree law’s main provisions A.1  Measures that increase revenue  The decree produces increased revenue of € billion in 2012, € billion in 2013 and € billion in 2014. Most of the increase comes from the taxation of real estate and excise duties.
Ambitious FX reforms towards a better organized FX market are being undertaken. Leveraging on the Technological Exponential Curve. Alongside these reforms, we will continue to leverage on digital innovations to expand reach. The challenge to us all is how we can innovate and leverage on this rapid transformation and use it in the efficient delivery of financial services and products.