ECB updates TARGET payment system rules for European banks
24 Jul 202640 views
Who is affected:
Credit institutions, central banks and participants in the TARGET payment system
Summary
The European Central Bank modifies the operating conditions of the TARGET system, which manages interbank payments in euros in Europe. The changes mainly affect financial entities operating with this system.
Detailed analysis
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ECB Decision/2026/16 amends Decision (EU) 2022/911 on TARGET-ECB conditions, the real-time gross settlement system that processes interbank payments in euros. The reform updates the ECB's operational regulatory framework as a TARGET participant, simultaneously repealing the former ECB Decision/2007/7. These modificatio…
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OJ:L_202601754: Decisión (UE) 2026/1754 del Banco Central Europeo, de 7 de julio de 2026, por la que se modifica la Decisión (UE) 2022/911 relativa a las condiciones deTARGET-ECB y por la que se deroga la Decisión BCE/2007/7 (BCE/2022/22) (BCE/2026/16)
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