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MIB (Market Infrastructure Board)

The Market Infrastructure Committee is the governance body that supports the Governing Council of the European Central Bank by ensuring the development, management and evolution of the Eurosystem's market infrastructures, in accordance with: (i) the objectives defined by the Treaty on the Functioning of the European Union and the Statute of the European System of Central Banks and of the European Central Bank; (ii) operational needs and technological advances; (iii) the legal framework applicable to Eurosystem services and projects, as well as legal and oversight requirements, in full compliance with the mandate of the ESCB committees. The MIB reports directly to the decision-making bodies of the ECB.