The European Central Bank (ECB) last Thursday quietly revealed that the TARGET2-Securities (T2S) Framework Agreement had been settled.
In a short paragraph in the regular release of Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates), the endorsement was revealed. It said a "financial incentive package" had been agreed for early signatories.
In a letter sent to central securities depositories (CSDs), seen by CentralBanking.com, the details of the
The week on Risk.net, July 7-13, 2018Receive this by email