Guideline (EU) 2022/988 of the European Central Bank of 2 May 2022 amending Guideline (EU) 2016/65 on the valuation haircuts applied in the implementation of the Eurosystem monetary policy framework (ECB/2015/35) (ECB/2022/18)

CELEX: 32022O0988
Document type: GUIDELINE
Sector: Legislation
Date of document: 2022-05-02
In force since: 2022-05-03
Status: In force
ELI: http://data.europa.eu/eli/guideline/2022/988/oj

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Article 1 Amendments

‘5 Non-marketable retail mortgage-backed debt instruments shall be subject to a valuation haircut of 28,4 %.’;

Article 2 Taking effect and implementation

1 This Guideline shall take effect on the day of its notification to the NCBs.

2 The NCBs shall take the necessary measures to comply with this Guideline and apply them from 8 July 2022. They shall notify the European Central Bank of the texts and means relating to those measures by 20 May 2022 at the latest.

Article 3 Addressees

This Guideline is addressed to the NCBs.

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