Postponement of the TARGET2 migration

Official name

GUIDELINE (EU) 2022/2250 OF THE EUROPEAN CENTRAL BANK of 9 November 2022 amending Guideline (EU) 2022/912 on a new-generation Trans-European Automated Real-time Gross Settlement Express Transfer system (TARGET) (ECB/2022/8) (ECB/2022/39)

Type

Guidelines

Level 3 / Other

Initiator

ECB

Submitted

09.11.2022

Doc. code

2022/2250

Summary

Status

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Current version

Final version

09.11.2022

Next step

Entry into force

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Application date

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Scope

Relevant for

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Level 1

–

Level 2

–

Level 3 / Other

New TARGET generation (binding, Main version, Amendment, EU)

TARGET consolidation (non-binding, EU)

Amendment of the conditions of TARGET-ECB (2022) (non-binding, Main version, Amendment, EU)

Effects of the shift on account management and cash payment transactions at Target2 (binding, DE)

TARGET2/TARGET2-Securities Consolidation - Impact on Account Management and Related Business Processes (binding, DE)