Revised Schedules for Eurosystem Collateral Management System (ECMS) and Single Collateral Management Rulebook for Europe (SCoRE)
Further to Announcement L20040, LuxCSD1 would like to inform customers that the Governing Council of the European Central Bank (ECB) has announced their revised timeline for delivery of the Eurosystem Collateral Management System (ECMS). The project is now scheduled to go live in
November 2023
In parallel, the Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) has also announced the adjustment of the implementation timeline for the Single Collateral Management Rulebook for Europe (SCoRE) which will be aligned with the ECMS November 2023 date.
More information is available on the ECB website:
- New launch date for the Eurosystem Collateral Management System;
- New launch date for the implementation of Single Collateral Management Rulebook for Europe (SCoRE).
As a result of these changes to the ECMS and SCoRE implementation timelines, LuxCSD is revising its own ECMS Programme timeline. We will continue to inform our customers on project status and will provide more information shortly.
Further information
For further information customers may contact ECMS.programme@clearstream.com, LuxCSD Client Services or their Relationship Officer.
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1. LuxCSD refers to LuxCSD S.A., registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.