Yves Mersch: Advancing financial market integration Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the Government Borrowers Forum, organised by the World Bank, Luxembourg, 18 May 2017. * * * To foster European financial integration, the ECB has set sail under the European flag. And we will continue our journey towards European financial integration.
Today, in this respect, I’d like to make three key points. 1. We need to better explore the potential of our integrated financial market infrastructure for securities. T2S has integrated the securities settlement business, bringing the economies of scale it needs.