Regulatory Alerts2026-06-23
Added · Updated
Decision (EU) 2026/1538 of the European Central Bank delegating decision-making powers regarding TARGET-ECB customer agreements
The Executive Board of the European Central Bank delegates its decision-making powers concerning the amendment and termination of TARGET-ECB customer agreements to the member responsible for market infrastructure and payments. This delegation allows for sub-delegation to senior management for technical amendments without negative financial impact and for immediate terminations triggered by insolvency or failure to meet access criteria. Delegated officials must report annually on decisions taken under this framework, which enters into force on 31 July 2026.
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