Regulatory Alerts2026-06-23
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Decision (EU) 2026/1520 of the European Central Bank granting authorisation to sign agreements with customers of TARGET-ECB
The European Central Bank issued Decision (EU) 2026/1520 to delegate the authority to sign, amend, and terminate agreements with TARGET-ECB customers to specific senior staff members. This measure aims to improve the governance efficiency of the TARGET-ECB component system by allowing the Director-General or designated deputies to execute these contractual actions jointly on behalf of the ECB. The decision enters into force on 31 July 2026 and aligns with the terms and conditions established in Decision (EU) 2022/911.
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