ECB approves major financial infrastructure programmes

ecb-hq-3
The ECB's Frankfurt headquarters
Annabel Jeffery

The governing council of the European Central Bank has agreed on two major projects to change the eurozone’s financial market infrastructure, it announced on December 7.

Target2, the real-time gross settlement system, and T2-Securities, the securities settlement platform – which are both used by the Eurosystem of the ECB and the eurozone’s national central banks – will be merged, the ECB said.

The new merged settlement system should be launched in November 2021. It will give market

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: