Indeed, it was previously said that conversion services would have to be provided by separate legal entities. But there is no need for you to worry. That is not necessary, and this is something I am saying in my capacity as “overseer” of SEPA. And this then brings me to my second topic today: governance of the payment system.
I am going to dwell for just a while longer on the subject of SEPA as the Ministry of Finance has given DNB two hats to wear in this respect: that of overseer and that of catalyst.