IDEAS home Printed from https://ideas.repec.org/a/bfr/fisrev/2016207.html
   My bibliography  Save this article

Making Europe’s financial market infrastructure a bulwark of financial stability

Author

Listed:
  • Mersch, Y.

Abstract

Europe’s financial market infrastructure has proved to be resilient through bouts of financial market volatility, supporting the liquidity and stability of financial markets in times of stress. The European Central Bank and the Eurosystem, in conjunction with European legislators and market participants, have made Europe’s financial market infrastructure into the bulwark of financial stability it is today. Looking ahead, besides a further deepening of integration, the focus in the further development of market infrastructure is on the impact of technological innovation such as distributed ledger technologies. To deal with the technological and strategic challenges, the Eurosystem has developed three key action points it will work on in the run up to 2020: 1) explore synergies between TARGET2 and T2S, 2) support the development of a pan-European instant payment solution, and 3) review the harmonisation of Eurosystem arrangements and procedures for collateralisation.

Suggested Citation

  • Mersch, Y., 2016. "Making Europe’s financial market infrastructure a bulwark of financial stability," Financial Stability Review, Banque de France, issue 20, pages 71-75, April.
    • Handle: RePEc:bfr:fisrev:2016:20:7
    as

    Download full text from publisher

    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/financial-stability-review-20_2016-04.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bfr:fisrev:2016:20:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael brassart (email available below). General contact details of provider: https://edirc.repec.org/data/bdfgvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.