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Headlines

ECB takes down securities settlement system's interfaces after incident

Published by Global Banking and Finance Review

Posted on February 27, 2025

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FRANKFURT (Reuters) - The European Central Bank has taken down some interfaces of its securities settlement system as it works to resolve an ongoing glitch that disrupted communications within that network, known as Target 2 Securities (T2S).

"As a result of the incident resolution activities also the T2S and Common Component Graphical User Interfaces (GUIs) are unavailable at the moment," the ECB said in a status update.

(Reporting By Francesco Canepa)