On 17 February 2022 the Governing Council of the European Central Bank adopted an updated version of the Guideline governing the TARGET2 system. The updates concern the remuneration ceilings for government deposits held in PM accounts and TIPS-DCA accounts.
Additionally, the Governing Council of the European Central Bank has 22 April 2022 decided to postpone the changes to the rules to be applied to agreements made with the providers of T2S web services (informed 21 November 2021 update) to come into force as from 4 July 2022.
The Bank of Finland has made corresponding additions and changes to the rules in the collection of rules governing the TARGET2- Suomen Pankki system, see Bank of Finland rules for counterparties and customers. These rules will come into force on 2 May 2022.