Regulatory Alerts2023-05-18 | CIEX N° 23/2023Added · Updated
CIEX No. 23/2023: Facilitation of Liquidity Credits in the Context of Resolution Procedures
Financial Intermediation Entities (EIFs) must submit written requests to the BCB's Financial Entities Management for liquidity credits supporting resolution procedures, attaching documentation verifying the awarded amount and date. This requirement applies to EIFs seeking liquidity support under the Legal Reserve Regulation modified by Board Resolution No. 75/2023 of May 11, 2023. The circular mandates the use of a specific attached format for these applications.
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