Navigation Path: Home > Payments & Markets > T2S > Governance > Advisory Group > Harmonisation Steering Group - 5th meeting
5 March 2012, 10.30 a.m. – 4.30 p.m. CET
ECB, Commerzbank building, Neue Mainzer Strasse 66-68, Frankfurt,
2nd floor, meeting room: CB 11
The Chairman will introduce the agenda. HSG members to provide updates on T2S relevant initiatives and meetings on post-trade harmonisation.
The PO will share with the HSG a first draft of a methodology for monitoring T2S actors’ compliance with the T2S harmonisation standards and agreements.
The T2S Programme Office (PO) will present to the HSG the draft updated T2S Harmonisation List. The template for reporting on the market implementation status will also be presented to the HSG.
The HSG to discuss the impact of the CSDR with a particular view on the adoption and implementation timelines relevant for the T2S project. Pending CSDR publication, the HSG may also be invited to take a view on the CSDR provisions related to harmonisation.
The chairman of T-FAX will update the HSG on the progress of the first four T-FAX issues being dealt with by the group and their impact on certain T2S harmonisation activities (i.e. registration, CSD ancillary services etc)
The PO will present an updated note on the stock taking exercise regarding barriers to Issuer CSD omnibus accounts services. The documents will be sent to the March AG.
Based on the material gathered in 2011, the T2S PO will present an updated version to the HSG on the stock taking of the SF II (i.e. irrevocability of transfer orders) in the EU markets. The documents will be sent to the March AG.
The PO will present an updated version of the note on the Securities Amount Data issue. The documents will be sent to the March AG.
The HSG will be debriefed on the latest meeting of the CASG in which the issues of whether the T2S Buyer Protection standards should be mandatory was discussed.
