Central Banking

UK opts out of ECB's T2S

settlement-converted

The UK has opted out of the European Central Bank's Target2- Securities (T2s) project, even though it could eventually help lower the cost of trading in the region's capital markets, according to an article in the Financial Times.

The move comes as the debt crisis in the Eurozone has raised questions among some euro sceptic politicians about the integration of the UK's financial system with the region.

The newspaper said the Bank of England (BoE) "recently decided" not to take part in T2S citing

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: