On 28 November 2022, there was published in the Official Journal of the European Union (OJ),  Commission Delegated Regulation (EU) 2022/2311 of 21 October 2022, amending the regulatory technical standards laid down in Delegated Regulation (EU) No 153/2013 as regards temporary emergency measures on collateral requirements.

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 its publication in the OJ.