15 December 2017
visit www.aciworldwide.com

ECB appoints T2S programme board

16 September 2010  |  4118 views  |  0 Source: European Central Bank

The Governing Council of the European Central Bank (ECB) has today appointed members to the T2S Programme Board, which is mandated to ensure that the T2S Programme is implemented in accordance with market expectations and within time and budget.

The members will commence their terms of office on 1 November 2010.(1) The appointees are:
• Jean-Michel Godeffroy, chairman;
• Pierre Beck;
• Jesús López Pedruelo;
• Jochen Metzger;
• Michael Michalopoulos;
• Anders Reveman;
• Iain Saville; and
• Jan Schüllerqvist.

In addition, the Governing Council appointed Martina Glaser, Walter Hoffenberg, Yvon Lucas, Cristina Mastropasqua and Alfons Vaes as alternates.

The members of the T2S Programme Board are appointed for a renewable term of 18 months. Members and alternates do not represent their respective institutions, but act exclusively in the interests of the Eurosystem and the T2S programme.

Implementation of the T2S programme will constitute a major step forward in the delivery of a single integrated securities market for financial services, thereby reinforcing the Lisbon strategy. T2S will provide a single, borderless pool of pan-European securities, as well as a core, neutral, state-of-the-art settlement process. Market users will be able to access these assets through central securities depositories in a way that accommodates, rather than perpetuates, national and regional differences, and that already embodies agreed harmonisation measures in several key areas.

(1) The terms of office of the sitting members of the T2S Programme Board end on 31 October 2010.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.niceactimize.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10454 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9824 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9221 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7347 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6700 views comments | 19 tweets | 20 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job