European Central Bank 13 April 2011, Opinion of the European Central Bank of 13 April 2011 on the settlement risk management procedure for net settlement systems (CON/2011/35)

EN OPINION OF THE EUROPEAN CENTRAL BANK of 13 April 2011 on the settlement risk management procedure for net settlement systems (CON/2011/35) Introduction and legal basis On 21 February 2011, the European Central Bank (ECB) received a request from Banca Naţională a României (BNR) for an opinion on a draft regulation on the procedure for settlement risk management for net settlement systems and