ECB tweaks collateral framework, ‘paves way’ for DLT-based assets
Bank clarifies ‘climate factor’ in securities pricing, introduces haircuts on sterling, dollar and yen assets
The European Central Bank has published amendments to its collateral framework and announced it will begin accepting distributed ledger technology (DLT)-based assets in its credit operations.
The bank published two press releases today (January 27). The first release reinstated the ability for lenders under an “open bank resolution” scheme to access ECB credit facilities provided they met “certain conditions”. It also changed which asset types were in the collateral framework and clarified the
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