ECB approves business continuity standards at payment infrastructures

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Payment infrastructures deemed systemically significant within the euro currency area have received a clean bill of health regarding business continuity, in a study from the European Central Bank (ECB).

The ECB's assessment report also reported there was considerable variance in the distances between primary and recovery sites, and improvements should be made to some specific resilience arrangements as well as crisis communication provisions. However, the ECB concluded systems are generally

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