BIS central bankers’ speeches  11  This brings me to the fifth and last cornerstone of Tommaso’s thinking and practice, his conceptions of central banking and his actions as a central banker. This is the area to which he devoted most of his professional life.
In addition to the formulation and implementation of monetary policy, the regulation and supervision of banks, is another critical function of the Bank. The Bank is also responsible for designing, producing and issuing currency, which is a means of payment for transactions and a store of value.