ECB consultation on TARGET2-Securities and the CCBM2

26 April 2007

The ECB launch a public consultation on the general principles and the set of high-level proposals defining the nature and scope of TARGET2-Securities. It also provides a series of high-level proposals that define the cornerstones of the future system set-up. The consultation paper consists of three sections examining the general principles, the functional high-level proposals, and the non-functional high-level proposals of T2S.

The comments and views received from market participants will be assessed and incorporated in the T2S user requirements to be prepared by the Eurosystem by the end of this year.

Deadline for comments is 27 June 2007.

Press release
Next generation of Collateral Management - Initial Consultation
T2S consultation paper
Response template

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