For the present, however, I am not in a position to mention any more about transparency in interest rate policy, as the purdah period, a period during which the members of the Governing Council of the ECB refrain from making any comment, starts one week before each Governing Council meeting. BIS Review 66/2006  5
The second objective is to encourage innovations which will boost real-time payments velocity. In particular, we intend to have more available innovative digital financial products and services that cater to the needs of consumers. These services will be enabled by the National ID System.