Excellencies, Ladies and Gentlemen, Let me close my speech by highlighting that Asia has bright prospects in Islamic banking and finance industry. In order to escalate the existing growth and trajectory to a next level, I sincerely hope that all parties, from the region and overseas to jointly explore new growth opportunities in Islamic banking and finance in this region.
Schemes and processors that want to survive in the SEPA for cards will have to become “pan-European” by moving towards interoperability based on European standards. As regards the third critical area, security and the fight against fraud related to card payments in SEPA countries have been high on the agenda of the Eurosystem.