Mersch: T2S may prompt ‘more global network for mobilisation of collateral assets'
ECB board member says Target2 a crucial step to a better functioning market
Regulatory reforms have yet to have a significant impact in the collateral markets leaving plenty of room for the flourishing of operational innovation in post-trade arrangements, European Central Bank (ECB) executive board member Yves Mersch said today at the Second Joint Central Bank Seminar on Collateral and Liquidity, hosted by the ECB and the Deutsche Bundesbank in Hamburg.
"In Europe, the [Target2 Securities] project has made significant progress and, when implemented, it will be a
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