ECB could offer governance concession on T2S

European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join


The European Central Bank (ECB) would be prepared to modify the governance arrangements for Target2Securities (T2S), its platform for securities settlements, said Gertrude Tumpel-Gugerell, the member of the executive board responsible for payments and market infrastructure at the European Central Bank, at a briefing in London.

"We could offer a special governance model where all central banks involved have an equal say in the operations and strategic direction of T2S," she said.

At present

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a 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