As part of that effort, 300 organizations representing consumers, businesses, banks, card companies, and technology providers, including many represented here today, came together to define expectations for the future of the retail payment system and to make recommendations on how to implement those expectations. The members of the task force told us that the Federal Reserve needed to develop a 24/7 settlement system.
*  *  *  Mrs. Tumpel-Gugerell, Mr. Lys Ladies and Gentlemen, I have a great pleasure to welcome you today in the Central Bank of Bosnia and Herzegovina and to announce the signing of Protocol among the European Central Bank, on behalf of the Eurosystem, the Delegation of the European Commission in BH and the Central Bank of Bosnia and Herzegovina.