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FCA & Rules

ECB reports on progress towards euro adoption

Limited progress has been made by the non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2024, according to the 2026 Convergence Report of the Euro…

Iceland joins TIPS for instant payments

The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow payments in Icela…