Regulatory Alerts2026-06-08
Resolution of 28 May 2026 by the Executive Committee of the Bank of Spain amending the Resolution of 4 July 2022 approving uniform participation conditions for TARGET-Banco de España
The Executive Committee of the Bank of Spain issues this resolution to amend the uniform participation conditions for TARGET-Banco de España, aligning them with the European Central Bank's Guideline (EU) 2026/11. The changes introduce automated liquidity transfer orders for participants when minimum or maximum limits are breached, update fee structures, and clarify eligibility for entities subject to restrictive measures. Additionally, the resolution incorporates technical specifications for processing immediate payment orders under the SEPA Instant Credit Transfer scheme and the OCT Inst scheme, effective from June and November 2026.
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