Governance

The Market Infrastructure Board (MIB) is responsible for the day-to-day operation of TIPS, as well as any future enhancements. The advisory group on payments, AMI-Pay, is consulted on issues relating to the provision and modification of the Eurosystem’s payment-related services.

TIPS Consultative Group

The Market Infrastructure Board (MIB) established the TIPS Consultative Group following the launch of the service. Its objective is to provide the MIB with input from TIPS users – commercial banks, national central banks and network service providers – on topics, such as functional enhancements, testing and operations.