QA2019-60 - Target 2 Securities (T2S)

Owned by SRB Services
Feb 01, 2024
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QA2019-60

Question


In case the CSD used by the bank uses T2S as a settlement system, should the bank mention T2S in the report?


Response


No, the bank should only report the CSD in that case. The bank should report its access to T2S only in the cases where the bank has a direct access to the SSS (e.g. for a custodian bank with a direct relationship with T2S).