15/11/2024

In this session, the Single Euro Payments Area (SEPA) was discussed in detail, including its integration, regulatory framework and its impact on financial inclusion and economic growth.

Discussions have included the role of SEPA in facilitating cross-border payments and improving the efficiency of transactions, strengthening the stability and integration of the Eurozone financial systems.

In addition, the panellists addressed the experience of countries outside of SEPA, emphasizing initiatives that respond to innovations in payments and arrangements while maintaining prudent regulatory standards. The challenges and opportunities of SEPA within the broader context of digital transformation in financial services were also discussed.

Moderator:

Ulrich Bindseil, Director General for Market Infrastructure and Payments, European Central Bank

Panellists:

• Boshtjan Vasle, Governor of the Bank of Slovenia

• Gediminas Šimkus, Chairman of the Board, Bank of Lithuania

• Nicola Marquier, Regional Manager for the Western Balkans, International Finance Corporation (IFC)

• Madis Müller, Governor, Central Bank of Estonia

• Victoria Cleland, Executive Director of Payments, Bank of England