The European Central Bank (ECB) has published an action plan to address the recommendations of an independent review “mandated by the ECB’s Governing Council in November 2020, following the five major incidents that affected TARGET2 and TARGET2 Securities in 2020.” The update from the ECB… Read More
Prospective users of the forthcoming large-value payment system T2 are able to begin testing the functionalities of the system as of December 1, 2021. The testing is scheduled to run over the coming year and will “allow participants to prepare for a smooth migration to… Read More
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