ECB updates treatment of leverage ratio in the Eurosystem monetary policy counterparty framework
7 May 2021
Amendments to give effect to the leverage ratio becoming a binding Pillar 1 own-funds requirement under the Capital Requirements Regulation (CRR)
Change will apply as of 28 June 2021
The European Central Bank (ECB) has today published amendments to its monetary policy implementation Guideline
[1] to give effect to the leverage ratio becoming a binding Pillar 1 own-funds requirement. The amended guideline implements a decision taken by the Governing Council on 6 May 2021. The decision is linked to this prudential requirement becoming binding as of 28 June 2021, in line with the entry into force of related regulatory requirements.
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