T2S Programme Status Report Sample Clauses
The T2S Programme Status Report clause requires the regular provision of updates on the progress and current state of the T2S (TARGET2-Securities) programme. Typically, this involves submitting detailed reports at agreed intervals, outlining milestones achieved, outstanding issues, and any risks or delays affecting the programme's implementation. By mandating structured and timely reporting, this clause ensures transparency, enables proactive management of potential problems, and keeps all stakeholders informed about the project's development.
T2S Programme Status Report. 326 The Eurosystem provides a T2S Programme Status. The T2S Programme Status Report includes: 327 the high-level T2S Progress Dashboard, as described in the previous Section; 328 per work stream a status assessment for each CB-relevant deliverable with a status “green”, 329 “yellow” or “red”; 330 per work stream a detailed status assessment for each CB-relevant deliverable with a status 331 “yellow” or “red”; 332 per work stream a risk assessment for each CB-relevant deliverable. A detailed risk 333 assessment is provided in case the risk criticality is “yellow” or “red”; and 334 per work stream an issue description (incl. a response plan) for each issue pertaining to a CB- 335 relevant Deliverable, in case a risk has materialised.