On 19 June 2020, there was published in the Official Journal of the EU the decision of the European Systemic Risk Board (ESRB) of 2 June 2020 on the cancellation of certain reports on actions and measures taken pursuant to Recommendation ESRB/2014/1 and Recommendation ESRB/2015/2 of the ESRB.

The decision entered into force on 3 June 2020 and provides that:

  • Addressees of Recommendation ESRB/2014/1 are no longer requested to submit their second report, due by 30 June 2020, on the measures they have taken to comply with that Recommendation, or to adequately justify any inaction.
  • Addressees of Recommendation ESRB/2015/2 are no longer requested to submit their second report, due by 30 June 2020, on the actions taken in response to that Recommendation, or to adequately justify any inaction.