Art. 23. - Art. 23: Use of the ICM - Decizia BCE/2007/7/24-iul-2007 privind termenii şi condiţiile TARGET2-ECB
Acte UE
Jurnalul Oficial 237L
Ieşit din vigoare
Versiune de la: 13 Iunie 2022
Art. 23: Use of the ICM
1.The ICM:
a)allows participants to access information relating to their accounts and to manage liquidity;
b)may be used to initiate liquidity transfer orders, TIPS DCA to PM liquidity transfer orders, PM to TIPS DCA liquidity transfer orders, PM to T2S DCA liquidity transfer orders and, when the ICM is used in combination with the T2S value added services, T2S DCA to PM liquidity transfer orders; and
c)allows participants to initiate backup liquidity redistribution and backup contingency payments or payment orders to the Contingency Solution in the event of a failure of the participant's payment infrastructure.
2.Further technical details relating to the ICM are contained in Appendix I.