ECB T2S board supports Italy delay
The ECB's Target-2 Securities (T2S) Board and the CSD Steering Group have agreed to support Monte Titoli's request to delay its T2S migration.
Monte Titoli made a formal request to reschedule its migration and move to the new system on August 31 2015.
This solution will need to go through the ECB decision-making bodies for final approval.
Bank of Greece Securities Settlement System, Depozitarul Central, Malta Stock Exchange and SIX SIS have confirmed their readiness to migrate, as planned, on June 22 2015.
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