Euroclear Finland onboards into T2S, ahead of ECMS

EU cash buffer money adobe stock AS 230x150
By GlobalCapital
30 Oct 2019

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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial