Euroclear today presented a comprehensive plan to create a real single market for trade services in all categories of assets.
This initiative, with the aim of enhancing the effectiveness and effectiveness of European market infrastructure, will support the ambitions of the Union of Values and Investment (SIU) and will ensure that Europe remains the “position” for investors and publishers worldwide.
Euroclear’s ambitious work will provide some significant benefits, including providing smooth connectivity across the market, encouraging healthy market competition, promoting financial stability and promoting innovation and accelerating technology.
To do this, Euroclear is based on the know -how, scale and global connectivity of the unique model: combining the leading international Central Mobile Repository (Euroclear Bank) with its six local CSDs in Europe. This open model places Euroclear as a gateway to Europe in the world-allowing it to connect global markets, drive innovation and unlock further efficiency.
Euroclear is committed to providing a single access point of access to all 27 Member States in all categories of financial assets – shares, fixed income and all types of capital, of:
Offering both the Central Bank and the access of Commercial Bank money to all EU CSDs, accelerating the full connection of Euroclear Bank to the European Central Bank’s Target2-Securities platform (T2s).
Providing more effective and comprehensive services through improved synergies between Euroclear’s local CSDs and Euroclear Bank.
To implement this Action Plan, Euroclear’s focus will be to complete the access of Euroclear Bank commercial banks to all 27 EU Member States by 2026. At the same time, we will speed up the Euroclear Bank connection to T2S to offer access to the Central Bank.
Valérie Urbain, CEO of Euroclear, commented:
“The key to the wetter and most effective capital markets in Europe is to drive the market opening, interconnection and maximization of users.