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The ECB report outlines the overall results of the assessment exercise and highlights the main findings related to the compliance of the TARGET2 design with each of the applicable Core Principles, as set out by the Committee on Payment and Settlement Systems of the central banks of the G10 countries.
The outcome of the oversight assessment of the TARGET2 design is positive. The system is considered to be well-established and observe all relevant core principles. The outcome of the assessment is supported by practical experience gained with the live operation of the system.