Advisory groups on market infrastructures
Two advisory groups on market infrastructures have been set up to counsel the Eurosystem on issues related to (i) payments (AMI-Pay) and (ii) securities and collateral (AMI-SeCo). Both groups are composed of market participants and are chaired by the ECB.
AMI-Pay
TheAdvisory Group on Market Infrastructures for Payments (AMI-Pay) is a forum for the exchange of views on developments in payments. The group assists the Eurosystem in fostering payment innovation and integration across Europe, and offers advice on the provision and modification of Eurosystem payment-related services. It is composed ofrepresentatives of banks active in the European Union and of national central banks.
Documents produced by AMI-PayAMI-SeCo
TheAdvisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) facilitates an active dialogue with market participants on issues related to the clearing and settlement of securities and to collateral management. It took over the responsibilities of theT2S Advisory Group and the Contact Group on Euro Securities Infrastructures (COGESI). AMI-SeCo brings togetherrepresentatives of banks active in the European Union in their role as T2S users, central securities depositories (CSDs), central counterparties (CCPs) and national central banks.
- AMI-SeCo report on remaining barriers to securities post-trade integration
- AMI-SeCo letter to EC on response to the consultation on the integration of EU capital markets – June 2025
- AMI-SeCo letter to ESMA on the potential shortening of the standard settlement cycle – Dec 2023
- AMI-SeCo views on EC proposal for faster WHT procedures – cover letter
- AMI SeCo views on EC proposal for faster WHT procedures - Annex
- AMI-SeCo core T2S Settlement and wider post-trade harmonisation activities
- 15th T2S Harmonisation Progress Report (January 2025)
- AMI-SeCo SCoREBOARD (December 2025)