TARGET2-Securities moving ahead on schedule

Abstract

TARGET2-Securities (T2S) is a single joint platform for securities settlement provided by euro area central banks. The T2S platform will be launched on a pan-European scale, as the majority of CSDs in the EU - including the Finnish national CSD - are committed to it. Euroclear Finland is planning to migrate to T2S in the second half of 2016, applying a layered account model.