T2S in Denmark: when is a decision expected?

[Kenneth]

With the “wait and see” decision from the Norwegian and Swedish Bankers association we are now waiting for Denmark. When is the Danish Bankers association expected to publish their decision? And what is the attitude in Denmark?

[Dorte Kirkelund]

The Danish Bankers Association are on behalf of their members are in close dialog with the Danish Nationalbank.
The members of the Danish Bankers Association are right now preparing material to present to the Nationalbank saying that we are sceptical to participate from the beginning.
No formal decision has been made so far.

[ulfnoren]

What cost estimates have the CSD (VP) provided for development and on running costs if joining? Also, is there a market estimate of how much the local finance industry need to spend in order to adopt?

[Henrik Hoej]

Decision has been taken: VP SECURITIES connects to Target2Securities for both EURO and Danish Kroner repectively in 2016 and 2018. Press release to be found at this link: https://www.vp.dk/en/News/News-and-p...lutter-sig-t2s