ECB to delay T2-T2S consolidation project.
BANKING AND CREDIT NEWS-June 24, 2020--ECB to delay T2-T2S consolidation project
(C)2020 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 24 June 2020
The European Central Bank (ECB) is expected to delay the consolidation of the Target2 real-time gross settlement mechanism with the T2S securities settlement platform.
It is believed that the apex bank reached the decision after consulting market participants. As per the ECB's Vison20/20 project that was launched in 2015, the harmonisation and integration of European cash and securities settlement...
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