Does the brain have an internal clock? How come “a watched pot never boils?” Time perception is a distinct area of study that attempts to characterize what exactly it means to perceive the passage of time, and how our sensory and motor systems alter our perception of elapsed time. Although numerous studies have addressed this enigmatic topic, our understanding of how timing is coded in the brain remains relatively limited, and we still do not know of a single organ or part of the brain that serves as an “internal clock.” The EU-funded TIMECODE project takes a holistic approach based on the hypothesis that time perception integrates local and global representations of timing by means of coordinated rhythmic activity. In other words, our subjective experience of time results from a shared effort between sensory cortices engaged in perceptual processing and a brain-wide “central clock.” The hypothesized interaction between these two brain areas is putatively driven by synchronized neural oscillations. Combining behavioral and physiological studies of human and non-human primates, together with computational tools, the team plans to shed light on the underlying neural substrates and the resulting cognitive perception of timing in the brain.