(Finance) – There are also the objectives of sustainable development of theUN Agenda 2030 among the priorities included by the Bank of Italy in its mid-cycle update of the strategic plan 2023-2025 which includes five objectives, divided into seventeen action plans. There is also space for the themes ofDigital Euro And Artificial intelligence. In detail, the institute will act for a stable and safe financial system, will commit to economic and financial innovation in the country and in Europe, to the protection of customers of banking and financial services and dialogue with the outside world. The plan also includes the bank’s commitment to the challenge inherent in transition energetic And environmental and for an inclusive, efficient and innovative bank.
The Bank of Italy is therefore aiming at the creation of the digital Euro unit and intends to “participate at the forefront of the work in this field ECB on the possible introduction of the digital euro, also by promoting the solutions technological offered by the same”.
“The Bank of Italy continues to work to strengthen the financial system, to increase its capacity to address the risks that can emerge from the digital transition, in a phase dominated bytechnological innovation. In carrying out our functions, we work to promote the energy and environmental transition, creating the conditions for the digitalization of business processes and services provided to the community. We are convinced of the need to enhance the role of the Bank in the territory and to pay particular attention to the development of our most important capital: people, their skills and knowledge and their dedication to work”. Thus the Governor of the Bank of Italy, Fabio Breadin the introduction to the 33-page document.
“Examples concrete of this change are represented by the establishment of the Euro Digital Unit and the deepening of generative artificial intelligence techniques – he added –. These are challenges that require professionalism, commitment and determination, but also critical reflection, especially on profiles ethical“.
“The priority strategic outlined in the Plan – continued Panetta – inspire an organizational culture that aims to strengthen the sense of belonging and to enhance collaboration, continuous learning and the conscious assumption of risks. It is essential that the entire corporate structure is motivated to actively contribute with ideas and commitment to achieving the ambitious objectives of the Strategic Plan”.