maja kadievska - vojnovik : global, european and macedonian developments in the area of payment systems and services speech by ms maja kadievska - vojnovik, vice - governor of the national bank of the republic of macedonia, at the ninth international conference on payment and securities settlement systems, ohrid, 6 june 2016. * * * dear ladies and gentlemen, it is with great pleasure and honor to welcome all of you to the ninth conference on payment and securities settlement systems this morning in ohrid. this year, again, the national bank of the republic of macedonia, in cooperation with de nederlandsche bank and banco de portugal, continues the tradition in organizing international conferences in the domain of payment and securities settlement systems, thus enhancing the awareness of the importance of development of the payment systems and services for the national economy and beyond. therefore, allow me to use this opportunity to express my gratitude and appreciation to de nederlandsche bank and banco de portugal, as well as their esteemed representatives, for this fruitful collaboration and the privilege to continue this traditional cooperation in the future. in addition, we in the nbrm are very pleased with the presence of the representatives of the central banks of the countries of central, eastern and southeastern europe, and the participation of the countries of the black sea and the middle east region, as well as those of the northern africa. the growing interest for attending the conference confirms once again the significant contribution of the conference to the enrichment of the knowledge and exchange of experience of the representatives of the central banks in regional and international frames. nevertheless, the conference would not be a unique treasure of knowledge and experience, if it did not include the representatives of the domestic financial system and the payment service providers, which by their continuous active participation and involvement in the panel discussion, contribute to the thematic comprehensiveness of the conference. the conference will cover the latest developments in payment and securities settlement systems, as well as payment services on global, european and national level. in the global context, mr klaus lober, the esteemed expert from the european central bank, will elaborate on the new developments in the area of implementation of the pfmis, work on retail payments, cyber security, digital innovations and correspondent banking. these are very important issues for central banks given that we also promote the safety and efficiency of payment, clearing and settlement, thereby supporting financial stability and the wider economy. in addition, the developments in the compliance area regarding the

by adopting new oversight regulation. the new regulation brings together the internationally accepted standards for payment systems operation contained in the principles for financial market infrastructures, as well as the european central bank revised oversight framework. in addition, i would like to point out the significant changes that have been done in the domain of payment statistics in accordance with the ecb regulation on payment statistics. the nbrm developed new bylaws on payment statistics, which are expected to generate high quality and comprehensive data, and will provide methodological and operational readiness of payment statistics of the nbrm with that of the european system of central banks. ladies and gentlemen, at the end of my speech i declare the ninth conference on payment and securities settlement systems open, and i wish the chairman, mr michiel van duveren and his colleagues, a successful conference. finally, i wish you all a pleasant stay, hoping that you will take with you nice memories of ohrid, the city with thousands of years of history and beautiful nature that attract the tourists from all over the world. тhank you very much for your participation in our conference. bis central bankers ’ speeches