European Central Bank (ECB)

309 results about this entity

Period: 16 Feb 2007 - 19 Apr 2024

ECB hails launch of Target2

Target2, the EU-wide real-time gross settlement (RTGS) system for large value payments, has been successfully launched, says the European Central Bank (ECB).

Delay in MasterCard ruling threatens Sepa launch

An internal "spat" at the European Commission (EC) is causing further delays to a ruling on interchange fees charged by card operator MasterCard and raising fears that the on-going uncertainty could hinder the launch of the single euro payments area (Sepa) in January.

Sepa success subject to incentives for corporates - report

The push to create a Single Euro Payments Area (Sepa) by 2012 will fail unless regulators provide incentives to public administrations and corporations to adopt the new payments instruments, according to research from CapGemini, ABN Amro and The European Financial Management & Marketing Association (Efma).

Sepa dual implementation phase should be as short as possible: ECB study

A European Central Bank (ECB) study into the economic impact of the single euro payments area (Sepa) finds that banks will incur the most costs in the period where national and Sepa payment infrastructures coexist. It recommends keeping this period as short as possible to help banks more quickly achieve economies of scale as payments revenues begin to drop due to competitive pressures.

ECB proposes new legal framework for card schemes

The European Central Bank is proposing to establish a new cross-border legal framework to oversee all card payment schemes operating in the euro zone.

ECB pushes ahead with Target2-Securities

The European Central Bank (ECB) is pushing ahead with the next phase of its controversial project to establish an integrated securities settlement system in the euro zone, despite on-going criticism and scepticism about the scheme from market participants.

Watchdog to probe ECB's plan for pan-European settlement system

The European Central Bank's plans to establish an integrated securities settlement system in the euro zone will be examined by the region's competition watchdog.

Europe's banks lobby for greater control of ECB's Target2-Securities system

Europe's banks have come out in support of the European Central Bank's (ECB) controversial plans to implement an integrated securities settlement system in the euro zone, but only if they have more control over the project.

ECB faces uphill battle for pan-European securities settlement system

The European Central Bank's (ECB) plans to implement an integrated securities settlement system in the euro zone is set to face further delays as EU finance ministers call on it to build a business case for the initiative.