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ECB takes down securities settlement system's interfaces after incident

Published by Global Banking & Finance Review

Posted on February 27, 2025

1 min read

· Last updated: January 25, 2026

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ECB takes down securities settlement system's interfaces after incident
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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

ECB Shuts Down Interfaces of Securities Settlement System Amid Glitch

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)

Key Takeaways

  • The ECB has shut down some interfaces of its securities settlement system.
  • The disruption is due to a glitch affecting the T2S network.
  • The ECB is working on resolving the ongoing issue.
  • The incident affects the T2S and Common Component GUIs.
  • The ECB provided a status update on the situation.

Frequently Asked Questions

What action did the ECB take regarding its securities settlement system?
The European Central Bank has taken down some interfaces of its securities settlement system to resolve an ongoing glitch.
Which specific interfaces are currently unavailable?
The T2S and Common Component Graphical User Interfaces (GUIs) are currently unavailable due to the incident resolution activities.
Who reported on the incident involving the ECB?
The article was reported by Francesco Canepa for Reuters.

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