Navigation Path: Home > Events > Conferences & seminars > Fourth ECB seminar on payment and settlement issues for central banks
Participation at this seminar is restricted to invitées that have registered via their central bank.
| 13:00 | Registration |
| 14:00 | Module I. An introduction to the Eurosystem M I.1 The organisation of the European Central Bank, the Eurosystem and the European System of Central Banks M I.2 The Eurosystem operational framework |
| 15:45 - 16:15 | Tea & coffee break |
| 16:15 | Module II. Concepts and risks in payment and settlement systems M II.1 Concepts and risks in the field of payments M II.2 Concepts and risks in the field of securities clearing and settlement |
| Around 18:00 | End of day 1 |
| 8:30 | Registration |
| 9:00 | Introductory remarks by Ms. Gertrude Tumpel-Gugerell, Member of the Executive Board of the ECB |
| 9:30 | Central bank oversight on market infrastructures |
| The role of central banks / the Eurosystem in payment and settlement systems | |
| 10:15 | The oversight of payment systems and instruments |
| 11:00 - 11:30 | Tea & coffee break |
| 11:30 | The central banks’ interest in securities clearing and settlement |
| 12:15 | The large-value euro payment system offered by the Eurosystem: TARGET |
| Introduction to the current TARGET system | |
| 13:00 - 14:30 | Lunch |
| 14:30 | The internal consolidation of TARGET: the TARGET2 project |
| 15:15 | Other large-value payment systems |
| EURO 1 – A private sector large-value payment system in euro | |
| 16:00 - 16:20 | Tea & coffee break |
| 16:20 | The CLS system |
| Around 17:00 | End of day 2 |
| 9:00 | Securities clearing and settlement systems issues |
| Setting standards for securities clearing and settlement systems | |
| 9:50 | The cross-border transfer of securities, the collateral framework and consolidation of the securities infrastructure in the euro area |
| 10:35 - 11:00 | Tea & coffee break |
| 11:00 | The provision of central bank money facilities to securities settlement systems |
| 11:45 | Retail payments issues |
| Integration of euro retail payments - the Single Euro Payments Area (SEPA) project | |
| 12:30 - 14:00 | Lunch |
| 14:00 | Legal, technical and business issues for market infrastructures |
| The legal foundations for payments and securities custody and transfer | |
| 14:45 | The importance of standardisation |
| 15:30 | Business continuity issues |
| 16:00 - 16:30 | Tea & coffee break |
| 16:30 | Workshops |
| There will be six workshops, but only three topics – implying that there are always two separate groups working independently on the same item: | |
| - The development of the market infrastructure for payments and securities handling | |
| - Oversight – what does it encompass? | |
| - Collateral handling – what are the issues to be considered? | |
| 18:00 | Official photograph of the seminar |
| 9:00 | Summaries and comparison of results of workshops |
| Reporting on the findings of the workshops to the whole seminar | |
| 10:30 - 11:00 | Tea & coffee break |
| 11:00 | Central counterparty clearing – issues of concern to central banks |
| 12:00 | Innovative retail payments (e-money; e- and m-payments) |
| 12:45 - 14:15 | Lunch |
| 14:15 | The importance of co-operation with other authorities and market participants |
| 15:00 | SWIFT: A global infrastructure for payments |
| 15:40 | Current issues in the field of payment and settlement systems |
| 16:00 | General conclusions and closing of the seminar |
| 16:15 | Farewell cocktail |
