Central Banking

Noyer on the establishment of the SEPA

In a speech given on 23 June, Christian Noyer of the Banque de France stressed that it is essential that the efforts put together by the banking industry since 2002 bear their fruit so that the SEPA becomes a tangible reality shortly.

"Change in the functioning of payments infrastructures is to be a key enabler if such a result is to be obtained. The sector of wholesale payments is about to enter a crucial stage of consolidation due to the launch of TARGET 2 by central banks. A breakthrough is

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