uropean citizens and businesses will benefit from deeper financial integration and a more stable financial system, thanks to Commission plans to accelerate with the completion of the missing parts of the Banking Union. The Banking Union must be completed if it is to deliver its full potential in making the
Tag: Collateral
ECB: Changes to collateral eligibility criteria and risk control measures for unsecured bank bonds
The European Central Bank (ECB) has decided on changes to the collateral eligibility criteria and risk control measures applicable to senior unsecured debt instruments issued by credit institutions or investment firms or their closely linked entities. These instruments are known as unsecured bank bonds (UBBs). ECB will amend eligibility criteria