The ECB Governing Council approved on 22 September 2017 the amendments to Guideline ECB/2012/27, including the harmonisation of the remuneration of the guarantee funds of financial market infrastructures held with the Eurosystem. Also, upon completion of the TARGET2-Securities (T2S) migration plan in September 2017, the integrated model used in the relevant settlement procedures for ancillary systems will no longer be offered.
In order to support the emergence of a pan-European solution for instant payments, TARGET2 is enhanced with a new ancillary system settlement procedure (settlement procedure 6 real-time). This procedure has been added (Appendix 9) for information purposes only to the Bank of Finland Rules for TARGET2- Suomen Pankki.