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Unified Settlement Push in Europe Hits Speed Bumps

December 24, 2015 by Pauline McCallion

The European Central Bank (ECB) has rescheduled the implementation of its Target 2 Securities (T2S) program, allowing one of the largest central securities depositories (CSDs) to delay migration until September 2016. The delays, however, are not likely to derail the T2S push, launched in June 2015 to create a single European platform for securities settlement…. Read More >>

Filed Under: Securities Operations, Settlement Tagged With: Central Securities Depositories, Clearstream, DTCC, Euroclear, Euroclear ESES, Interbolsa, National Bank of Belgium Securities Settlement System, NBB-SSS, settlement, SWIFT, T2S, Target 2 Securities

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