Regulatory Alerts2026-01-22
Guideline (EU) 2026/691 amending Guideline ECB/2014/31 on additional temporary measures relating to Eurosystem refinancing operations and eligibility of collateral
The European Central Bank amends Guideline ECB/2014/31 to integrate specific asset types from its temporary collateral framework into the general framework, including US dollar, pound sterling, and Japanese yen denominated marketable assets. The revision deletes Articles 3, 4(5), and 7, and Annex IIa of the original guideline while modifying Article 4(3) to expand the legal jurisdiction scope for credit claims included in pools. National central banks must implement these changes by 30 March 2026 to foster greater harmonisation and simplification of the Eurosystem collateral framework.
Share