9 These groups bring together the relevant payment system stakeholders to consider how future payment systems will change the whole financial ecosystem – also at the European and international levels. 8  In a recent speech Vice-President Ansip, in charge of the Digital Single Market, noted that common technical standards for mobile payments are needed to promote digital single market.
Under the ITL monetary policy framework, our operating target is the interbank interest rate, not the monetary base, and the tool we use to influence the interest rate is secondary market operations in the money market, mainly repos and reverse repos.