Euroclear Finland onboards into T2S, ahead of ECMS
Euroclear Finland will join European securities settlement platform TARGET2-Securities in 2022, in time to also lock into the European Collateral Management System.
The European Central Bank approved the consolidation of the Eurosystem’s real-time gross settlement system TARGET2 and the securities settlement platform TARGET2-Securities (T2S) in 2017. It also developed a Eurosystem Collateral Management System that year.While T2S is intended to enhance liquidity management procedures, ECMS aims to provide ...
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