Other sites of Banque de France

Language switcher


Legal documentation

Framework Agreement - FA

The Framework Agreement is the basic contract governing the implementation of T2S, signed by the Eurosystem and each of the central securities depositories (CDS) participating in the project.
It sets out all rights and obligations of the Eurosystem and of participating CSDs. It was validated by the Governing Council on 17 November 2011 and between November 2011 and June 2012 was signed by the 22 CSDs taking part in T2S.

Currency Participation Agreement - CPA

The CPA governs the relationship between Eurosystem central banks and non-euro area central banks participating in T2S in their own national currency. It was validated by the Governing Council on 23 February 2012. The Central Bank of Denmark is currently the only non-euro area central bank to have agreed to take part in T2S, as of 2018.

T2S Guideline

This is the cornerstone of the legal framework for the T2S project. It defines the respective roles and responsibilities of the T2S Board and the 4CB, as well as the relationship between them and with external stakeholders. It also defines the basic principles for the financial system, the Eurosystem’s rights with regard to the platform, access conditions for CSDs and eligibility criteria for non-euro area CSDs. It was adopted by the Governing Council on 21 April 2010.

Operating documentation

User Requirements Document - URD

This document describes the features of T2S, as requested by its users, i.e. by the central securities depositories (CSDs) and market participants. It forms the basis for all the technical documentation.

General Functional Specifications - GFS

This document translates the User Requirement Document (URD) into general functional specifications for the T2S platform. It explains how the T2S functions will meet the requirements expressed in the User Requirement Document.

User Detailed Functional Specifications - UDFS

This document provides detailed functional and technical specifications for the development of the T2S platform, and notably on the application-to-application communication (A2A) between T2S actors. It also gives a detailed description of all the messages handled by T2S.

Business Process Description - BPD

This document describes and illustrates the business processes involving CSDs, central banks and other technically directly connected parties and their interaction with T2S. 

User Handbook - UHB

This is the instruction manual for the T2S graphical user interface. It focuses exclusively on U2A-mode (user-to-application) communication with the TS2.

Business Functionality for T2S Graphical User Interface

This document describes the business functions of the T2S Graphical User Interface, and provides a list of the functions available in U2A mode (via the graphical user interface). It gives a brief description of the purpose and key features of the T2S functions.

Updated on: 12/13/2016 16:35