TARGET2 analytical tools for regulatory compliance

Marc Glowka, Alexander Müller, Livia Polo Friz, Sara Testi, Massimo Valentini and Stefano Vespucci

No 300, Occasional Paper Series from European Central Bank

Abstract: As the operator of a systemically important payment system (SIPS), the Eurosystem has the responsibility of regularly assessing the resilience of the Trans-European Automated Real-time Gross Settlement Express Transfer System (TARGET2) to various types of risks, as set out in the Principles for Financial Market Infrastructures (PFMIs) drawn up by the Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO). To identify, measure, monitor and mitigate these risks over time, the TARGET2 operator has developed specific approaches that include both qualitative and quantitative elements. JEL Classification: G20, E42, E58, C10, C63

Keywords: FMIs; payment systems; PFMIs; TARGET2 (search for similar items in EconPapers)
Date: 2022-08
New Economics Papers: this item is included in nep-ban, nep-pay and nep-reg
Note: 2655259
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbops:2022300

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