On 18 October 2022, the European Commission published a Commission Delegated Regulation amending the regulatory technical standards laid down in Delegated Regulation (EU) No 153/2013 as regards temporary emergency measures on collateral requirements.
The delegated act introduces a modification to Commission Delegated Regulation (EU) No 153/2013.
Article 1 modifies Articles 39 and 62 of Commission Delegated Regulation (EU) No 153/2013, as well as its annex I, in the following way:
- Article 39 is amended to temporarily allow for the use of public guarantees as specified in Annex I.
- Article 62 is amended to temporarily allow for the use of uncollateralised or partially collateralised bank guarantees.
- Annex I is supplemented with Section 2a allowing for the use, under strict conditions, of public guarantees.
The Delegated Regulation enters into force on the day following that of its publication in the Official Journal of the European Union.