ECMS: launch of new Eurosystem Collateral Management System on June 16, 2025
10/01/2025
On 24 October 2024, the European Central Bank (ECB) published a press release on the Eurosystem Collateral Management System (ECMS) launch on 16 June 2025.
This date has been set by the ECB’s Governing Council in order to provide sufficient time for national central banks of the euro area and their counterparties to thoroughly test the system in a stable environment to ensure user readiness. The decision to reschedule the launch of the ECMS from November 2024 was due to the need for additional preparation time identified by the Market Infrastructure Board to achieve a seamless launch.