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Published on Friday, August 22, 2014

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Weekly Regulation Update

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Summary

EUROPE ECB identifies four systemic payment systems (SIPS) Based on the SIPS Regulation, which tightens up the payment systems supervisory requirements in Europe, it identifies 4 systems: TARGET2, EURO1, STEP2-T and CORE(FR). The regulation came into force on 08/12/2014 and is in line with the principles established by IOSCO and CPSS in 2012. […]

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