Bank of Finland rules for counterparties and customers – Rules update 20 November 2023

On 7 September 2023 the Governing Council of the European Central Bank adopted Guideline (EU) 2023/2415) on a new-generation Trans-European Automated Real-time Gross Settlement Express Transfer system (TARGET) amending Guideline (ECB/2022/8), (ECB/2023/22).

The Bank of Finland has made corresponding additions and changes.  The rules can be found in the collection of rules governing the TARGET- Suomen Pankki system, see Bank of Finland rules for counterparties and customers.  These rules will come into force on 20 November 2023.