Introduction Starting from the 15 th TARGET Consolidation Contact Group (TCCG) meeting, a recurrent agenda item containing a selection of questions and answers on T2-T2S Consolidation project’s functional aspects was presented. The following slides contain the questions and answers shared with market participants between 15 th and 27 th TCCG meetings. TARGET Consolidation Contact Group meeting documents are published on the ECB website . 3 www.ecb.europa.eu ©