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Image header Agence Europe
Europe Daily Bulletin No. 11137
Contents Publication in full By article 11 / 13
ECONOMY - FINANCE / (ae) finances

Four systemically important payment systems

Brussels, 21/08/2014 (Agence Europe) - On Thursday 21 August, the European Central Bank (ECB) identified four systemically important payment systems - TARGET2, EURO1, STEP2-T and CORE(FR).

The clearing and settlement platform “TARGET2” in the Eurozone will be operated by the European central bank system from 2015. The operations of the platforms EURO1 and STEP2-T are the responsibility of EBA CLEARING, a company in which 62 European and international banks are shareholders. The platform...