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Legal framework

Legal framework

17.12.2018 DE

The legal basis for TARGET2 is the Guideline of the European Central Bank of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2). This Guideline has been adjusted by amending guidelines at various points in time. With effect from 30 November 2018, the TARGET2 Guideline was expanded to include TIPS services.

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