Bank of Italy has published “Technology providers in the payment sector: market and regulatory developments”, the new issue of the series “Markets, infrastructures, payment systems”

The Governing Council of ECB has decided on changes to the operational framework for implementing monetary policy to ensure that the framework remains appropriate as the Eurosystem balance sheet normalizes

In December 2022, the Governing Council announced a review of the operational framework for steering short-term interest rates in the euro area.

The recent decisions establish key principles and parameters for implementing monetary policy and providing central bank liquidity as excess liquidity in the banking system, while remaining significant over the coming years, gradually declines.