Payment-and-Settlement-Systems-Directorate

Main responsibilities

to operate the Greek component (TARGET-GR) of TARGET, the payment system owned and operated by the Eurosystem;
to monitor developments in the regulatory framework and infrastructures for fund transfers in the European and international markets, as well as in the domestic market;
to compile and process payment statistics and provide input to data release updates and publications by the Bank of Greece and the European Central Bank;
to manage and operate the regulated Electronic Secondary Securities Market (HDAT) for Greek government securities, which also supports the primary market;
to manage and operate the System for Monitoring Transactions in Book-Entry Securities (BOGS), which serves as a Central Depository for dematerialised securities issued by the Greek government and other entities, enabling the clearing and settlement of transactions in such securities registered in the System.