Securities clearing and settlement systems
The Bank is responsible for the oversight of clearing and settlement systems. Due to the international systemic relevance of (I)CSDs and CCPs established in, or relevant for Belgium, the Bank coordinates or takes part in cooperative arrangements. The Bank oversees three securities settlement systems operated by (international) central securities depositories ((I)CSDs) established in Belgium, i.e. NBB-SSS, Euroclear Belgium and Euroclear Bank.
Objectives, scope and practical organisation of the oversight of securities clearing and settlement systems