333 results about this entity
Period: 16 Feb 2007 - 19 Dec 2024
News/payments
The benefits of implementing a cohesive instant payments system are manifold and well documented. As evidenced by the incoming European Single Market Infrastructure Gateway (ESMIG) and the need to integrate interoperable systems across Europe, the ability to access infrastructure that facilitates instant payments is vital.
03 July 2020
The European Central Bank looks set to delay the consolidation of the Target2 real-time gross settlement mechanism with the T2S securities settlement platform after consultations with market participants.
23 June 2020
Company announcement/wholesale
The Governing Council of the (European Central Bank) ECB has approved the pricing policy for T2, which will be introduced as part of the T2-T2S consolidation project and will replace TARGET2.
19 June 2020
The Federal Reserve has announced it will not implement Phase 1 of the Fedwire Funds Services migration to ISO 20022 during 2020 or 2021. It confirms that it does not have any other message format changes planned through 2021.
03 June 2020
News/regulation
A confidential letter obtained by Finextra Research shows unanimous support for the postponement of the T2-T2S consolidation project by leading banks during the latest Advisory Group on Market Infrastructures for Payments (AMI Pay) meeting where the delay was discussed.
22 May 2020
Company announcement/sustainable
The European Central Bank (ECB) today published a guide for consultation that explains how it expects banks to safely and prudently manage climate-related and environmental risks and disclose such risks transparently under the current prudential framework.
20 May 2020
Four European banking associations have called on the ECB to institute a one-year delay to the consolidation of the Target2 real-time gross settlement mechanism with the T2S securities settlement platform.
Under instruction from the European Central Bank, interbank payments network Swift has drawn up a blueprint designed to mitigate complications borne from its surprise decision to delay the migration to the new ISO 20022 messaging standard.
The European Central Bank is reminding banks of their vulnerability to IT and cyber-risks during the current Coronavirus pandemic.
18 May 2020
The European Central Bank is stepping up its analytical investigations into the potential for creating a central-bank backed digital currency for retail customers, a move which would be "a game changer" for the banking industry, says ECB exec Yves Mersch.
11 May 2020
News/crypto
If a stablecoin, such as Libra, reaches a global scale, any malfunctioning could pose a risk to financial stability, warns a European Central Bank paper.
06 May 2020
Letters obtained by Finextra show an exchange by the ECB and Swift regarding the latter’s responsibility to mitigate risks caused by its decision to delay migration to ISO 20022.
05 May 2020
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