Commission Delegated Regulation (EU) 2024/818 of 28 November 2023 amending the regulatory technical standards laid down in Delegated Regulation (EU) No 153/2013 as regards the extension of temporary emergency measures on CCP collateral requirements

• CELEX: Delegated Regulation (EU) 2024/818
• Articles: 3

Article 1 Amendments to Delegated Regulation (EU) No 153/2013

Delegated Regulation (EU) No 153/2013 is amended as follows:

(1)

in Article 39, the second paragraph is replaced by the following:

‘Until 7 September 2024, for the purposes of Article 46(1) of Regulation (EU) No 648/2012, public guarantees that meet the conditions set out in Annex I shall be considered as highly liquid collateral.’;

(2)

in Article 62, second paragraph, the second sentence is replaced by the following:

‘However, Section 2, paragraph 1, point (h), of Annex I shall not apply in respect of transactions on derivatives, as referred to in Article 2(4), points (b) and (d), of Regulation (EU) No 1227/2011 from 29 November 2022 to 7 September 2024.’;

(3)

Annex I is amended in accordance with the Annex to this Regulation.

Article 2 Entry into force

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union .

Schedules & Appendices

ANNEX

ANNEX

Annex I to Delegated Regulation (EU) No 153/2013 is amended as follows:

(1)

the title is replaced by the following:

‘

Conditions applicable to financial instruments, bank guarantees, public guarantees and gold considered as highly liquid collateral

’;

(2)

in Section 2a, the first paragraph, the introductory wording is replaced by the following:

‘Until 7 September 2024, a public guarantee that does not meet the conditions for a central bank guarantee set out in Section 2, paragraph 2, shall meet all of the following conditions to be accepted as collateral under Article 46(1) of Regulation (EU) No 648/2012:’.