On 1 October 2026 the Riksbank announced that the Eurosystem has approved its onboarding to EUREP, the Eurosystem’s repo facility for central banks outside the euro area. The line lets the Riksbank borrow up to EUR 50 billion by pledging eligible euro-denominated collateral, and the ECB has said that drawings under the enhanced facility are…
On 24 September 2026 the ECB announced that its Governing Council had approved a feasibility assessment for TIPS Pix interlinking: a possible connection between the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform and Pix, the fast payment system owned and operated by the Central Bank of Brazil. The two central banks will work through technical,…
On 28 August 2026 the ECB confirmed that the Eurosystem is reassessing the timeline for the November 2026 TARGET Services release. TARGET Services comprise T2 for settling payments, T2S for settling securities, TIPS for settling instant payments and the ECMS for collateral management, so release-calendar changes can affect participants across several Eurosystem market infrastructures. The…
On 19 August 2026 the Eurosystem named 61 financial market stakeholders and public sector institutions to the Appia contact group, the standing forum that will now shape how central bank money settles tokenised assets in Europe. The seats were filled from a call for expressions of interest issued on 1 June 2026, and the group…
On 14 July 2026 the Banque centrale du Luxembourg (BCL) confirmed it will take part in the European Central Bank’s digital euro pilot, joining the ECB and 18 other Eurosystem national central banks in a controlled test of a beta version of the digital euro. The same day the ECB named the 36 payment service…
A platform migration in securities settlement is the kind of project that looks like an IT problem until the first cross-border trade fails on a date nobody mapped. On 23 June 2026 the Riksbank decided to open contract negotiations with the Eurosystem to settle Swedish krona securities transactions on TARGET2-Securities, the common Eurosystem platform that…
If your institution settles SEPA instant payments in TIPS, a new reachable corridor just opened, and the operational risk sits exactly where it is easy to ignore. On 10 June 2026 the ECB announced that the TIPS cross-currency settlement service had been successfully tested and formally activated by Danmarks Nationalbank, Sveriges Riksbank and the ECB….