International Monetary Fund / Monetary and Capital … - 2014
EXECUTIVE SUMMARY The oversight framework of the European Central Bank (ECB) is comprehensive. The ECB has developed a …), the ECB has been a driving force to promoting stability and integrating financial infrastructures. Globally, the ECB is … payment systems, posttrading FMIs, and the service provider SWIFT. The ECB should be entrusted to coordinate the Eurosystem …