Target2-Securities (T2S)
Banque de France announces second wholesale CBDC experiment phase
CBDC as a settlement asset may be ready by 2023
Report finds major failings in eurozone’s RTGS management
ECB-commissioned Deloitte inquiry into system failures recommends series of reforms
Swedish investors favour EU-wide securities market harmonisation
But public consultation receives some resistance to using Target2-Securities for Swedish securities settlement
ECB announces independent inquiry into Target2 outage
Main findings on RTGS failure will be published by second quarter of next year, ECB says
Eurozone’s RTGS system suffers major outage
ECB says Target2 system’s production site had to shift to alternative region – rules out cyber incident
The evolving role of central bank money in payments
The multiple-issuer/one-currency paradigm is set to remain in a CBDC world
New European payment effort delayed due to Covid
Consolidation of Target2 and T2S platforms hindered by pandemic
ECB prepares for ‘big bang’ move to new market infrastructure
Eurozone's payments, instant payments and securities settlement systems will merge by end of 2021
Riksbank investigates adoption of T2S for securities trading
Central bank thinks securities settlement must move towards faster, round-the-clock operations
Risk management technology: Vermeg
Dutch company won high-profile tender for Eurosystem Collateral Management System
ECB launches eurozone real-time retail payments platform
ECB aims to prevent fragmentation of European real-time payments market
ECB approves major financial infrastructure programmes
ECB plans for Target2 and T2S to merge, plus new collateral management system for Eurosystem
National curbs hit budding pan-EU settlement market
Restrictions on primary dealers undermine T2S efficiencies, market sources say
Swedish clearing system puts infrastructure at risk – Riksbank
“Inflexible” system could damage conduct of monetary policy, says Swedish central bank
DLT not ‘mature enough’ for eurozone usage, ECB says
ECB’s annual report explores progress with distributed ledger technology, emphasising it is still in its infancy
Mersch: volume of T2S trades due to greatly expand
“Target instant payment settlement system” could be working as soon as 2018, Mersch adds
ECB publishes online newsletter on financial market infrastructure
Newsletter will be published three times a year
Annual Target2 volumes fall, ECB announces
ECB may have to rethink cost recovery if goals are not met, it says
ECB’s Mersch provides update on infrastructure work
Review planned into harmonisation of collateralisation procedures
Eurosystem to consider Target2 and T2S merger
Mersch: officials will look into potential for consolidating some components
Dutch bulletin: T2S can only succeed if ‘many’ CSDs sign up
Initial migration to platform for securities settlement was completed in June
ECB welcomes ‘smooth’ T2S launch
First transactions settled in Europe-wide integrated platform
ECB’s Mersch dismisses concerns over T2S launch at weekend
Remaining bugs should not interrupt launch, executive board member says
Eurozone moving towards ‘single market for collateral’, say central bankers
Single market for collateral could help support capital markets union