Central Banking

T2S framework agreement delayed due to four remaining issues

European Union flags

Speaking at a European Clearing and Settlement conference, Jean-Michel Godeffroy, chairman of the T2S programme board at the ECB said that the bank is still in negotiations with the central securities depositary's (CSDs) on matters relating to governance, service levels, amendments and terminations, and liability.

On governance, Godeffroy explained that the respective rights of CSDs and the Eurosystem in T2S change management still need to be outlined. For example, should this be standard

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account