Advisory groups on market infrastructures

Two advisory groups on market infrastructures have been set up to counsel the Eurosystem on issues related to (i) payments (AMI-Pay) and (ii) securities and collateral (AMI-SeCo). Both groups are composed of market participants and are chaired by the ECB.

AMI-Pay

The Advisory Group on Market Infrastructures for Payments (AMI-Pay) is a forum for the exchange of views on developments in payments. The group assists the Eurosystem in fostering payment innovation and integration across Europe, and offers advice on the provision and modification of Eurosystem payment-related services. It is composed of representatives of banks active in the European Union and of national central banks.

• Action plan to address recommendations following incidents affecting TARGET Services in 2020 (December 2021)
• Value dating SEPA Instant Credit Transfers – non-binding AMI-Pay market best practice

Documents produced by AMI-Pay

AMI-SeCo

The Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) facilitates an active dialogue with market participants on issues related to the clearing and settlement of securities and to collateral management. It took over the responsibilities of the T2S Advisory Group and the Contact Group on Euro Securities Infrastructures (COGESI). AMI-SeCo brings together representatives of banks active in the European Union in their role as T2S users, central securities depositories (CSDs), central counterparties (CCPs) and national central banks.

• AMI-SeCo’s response to the EC public consultation on withholding tax
  
• AMI-SeCo core T2S Settlement and wider post-trade harmonisation activities
• 13th T2S Harmonisation Progress Report (January 2023)
• AMI-SeCo Impact Analysis Report on Non-compliance with T2S Harmonisation Standards (January 2023)
  
• 2021-11 - Survey on barriers to digitalisation in securities post-trade services
• AMI-SeCo SCoREBOARD (December 2022)
• SCoRE Adaptation Plans Status Report - Single Collateral Management Rulebook for Europe (June 2021)
• Potential use cases for innovative technologies in securities post-trading (January 2019)
• AMI-SeCo response to the European Commission’s public consultation on post-trade in a Capital Market Union (November 2017)
• The potential impact of DLTs on securities post-trading harmonisation and on the wider EU financial market integration (September 2017)

Documents produced by AMI-SeCo