Article 6 Application procedure

install, manage, operate and monitor and ensure the security of the necessary IT infrastructure to connect to F1the SSP and submit payment orders to it. In doing so, applicant participants may involve third parties, but retain sole liability. In particular, applicant participants shall enter into an agreement with the TARGET2 network service provider to obtain the necessary connection and admissions, in accordance with the technical specifications in Appendix I;

have passed the tests required by the ECB;

provide a capacity opinion in the form specified in Appendix III, unless the information and representations to be provided in such capacity opinion have already been obtained by the ECB in another context; and

for entities established outside the EEA, provide a country opinion in the form specified in Appendix III, unless the information and representations to be provided in such country opinion have already been obtained by the ECB in another context.

completed static data collection forms as provided by the ECB,

the capacity opinion, if required by the ECB, and

the country opinion, if required by the ECB.

access criteria referred to in Article 4 are not met;

one or more of the participation criteria referred to in paragraph 1 are not met; and/or

in the ECB’s assessment, such participation would endanger the overall stability, soundness and safety of TARGET2-ECB or of any other TARGET2 component system, would jeopardise the ECB’s performance of its tasks as described in the Statute of the European System of Central Banks and of the European Central Bank, or poses risks on the grounds of prudence.