Regulatory Alerts2026-01-22
Guideline (EU) 2026/689 of the European Central Bank amending Guideline (EU) 2015/510 on the implementation of the Eurosystem monetary policy framework
The European Central Bank amends Guideline (EU) 2015/510 to introduce a climate factor that adjusts the collateral value of marketable assets issued by certain non-financial corporations to mitigate climate transition risks. The regulation also integrates specific asset types into the general collateral framework, discontinues the eligibility of retail mortgage-backed debt instruments, and refines eligibility criteria for asset-backed securities and floating coupons. Additionally, the amendment updates definitions for credit assessment systems, aligns loan-level data reporting requirements, and clarifies counterparty financial soundness assessments.
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