Clearstream COO: T2S will help plug Basel III capital hole

Mathias Papenfuss

Post-trade market services provider Clearstream has a key role to play in meeting the objectives of increasing transparency and de-risking financial markets. Its chief operating officer, Mathias Papenfuss, also chairs the European Central Securities Depositories (CSDs) Association which represents 41 national and international CSDs across 37 European countries. Papenfuss has a keen focus on the Target2-Securities (T2S) project, a European Central Bank (ECB) initiative aimed at centralising

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