Central Banking

ECB could offer governance concession on T2S


The European Central Bank (ECB) would be prepared to modify the governance arrangements for Target2Securities (T2S), its platform for securities settlements, said Gertrude Tumpel-Gugerell, the member of the executive board responsible for payments and market infrastructure at the European Central Bank, at a briefing in London.

"We could offer a special governance model where all central banks involved have an equal say in the operations and strategic direction of T2S," she said.

At present

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