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By Banque Centrale Européenne ( Operational Issues ECB Guideline on the management of foreign reserve assets On 20 June 2008, the Governing Council adopted a Guideline on the management of the foreign reserve assets of the European Central Bank by the national central banks and the legal documentation for operations involving such assets (recast) (ECB/2008/5). The Guideline will be published in the Official Journal of the EU on 19 July 2008 and will also be available on the ECB’s website. Payment Systems and Market Infrastructure Second public consultation on CCBM2 (Collateral Central Bank Management) On 10 July 2008 the Governing Council authorised the publication of the outcome of the second public consultation on the draft CCBM2 User Requirements. TARGET2-Securities – launch of the project On 17 July 2008 the Governing... [read full story]
