|The Head of the Cards Department of Eximbank, Mr. Oleg Malancus, attended the 5th MasterCard Europe Debit Conference “SEPA: From Debate to Action in a Competitive Environment” which took place in Monte Carlo, Monaco, on 6th-8th of February 2006.
In the beautiful principality of Monaco this leading-edge conference has brought industry leaders and experts together, not just to debate the issues but to develop proposals and create action plans. More than 150 delegates from 29 countries have participated in the Conference.
The Conference speakers have focused the delegates’ attention on the biggest change in the payments industry since cards were first issued. The audience was informed about European Central Bank and the European Commission plans to create the Single European Payments Area. And 2006 will be the year in which framework requirements are established, standards are set and a timetable for SEPA implementation finally realized.
The workshop sessions have given the chance to explore many of the ideas expressed during plenary sessions.
Participation of Eximbank specialist in this Conference has given more than just an opportunity to share views – specifically designed to support future Eximbank planning and action setting in banking cards business.