Swift And Colt/SIA Awarded T2S Licenses

Strapline: Regulation & Standards

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Financial messaging services provider Swift, and a joint venture by information delivery platform Colt and financial services and payments systems provider SIA, have been awarded network service provider licenses for the creation and management of the infrastructure that will link central depositories and banks to Target2-Securities (T2S)—the planned single European platform for the settlement of securities.

The licenses were awarded by the European Central Bank (ECB) following a request for pr

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