European Central Bank (ECB)

347 results about this entity

Period: 16 Feb 2007 - 28 Jul 2025

/wholesale

ECB confirms one year delay to T2-T2S integration

The European Central Bank (ECB) has formally approved a one year extension to its T2-T2S consolidation project.

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ECB to focus attention on bank outsourcing, legacy tech and IT board representation

The European Central Bank says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats owing to an undue reliance on outsourcing and legacy wiring.

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Capitalising on Eurosystem changes to bolster instant 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.

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ECB likely to delay T2-T2S consolidation project

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.

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ECB approves pricing policy for T2 RTGS

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.

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Federal Reserve kicks Fedwire’s ISO 20022 can down the road

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.

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VÖB, Bundesbank: T2-T2S consolidation delay ‘is likely’

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.

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ECB opens public consultation on its guide on climate-related and environmental risks

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.

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European banks call for one-year delay to T2-T2S consolidation project

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.

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ECB responds to Swift’s blueprint for ISO 20022

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.

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ECB warns bank to guard against IT and cyber risk

The European Central Bank is reminding banks of their vulnerability to IT and cyber-risks during the current Coronavirus pandemic.

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European Central Bank steps up focus on retail CBDC

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.