There has been published in the Official Journal of the EU the European Commission Implementing Regulation laying down implementing technical standards (ITS) with regard to currencies in which there is an extremely narrow definition of central bank eligibility under the Capital Requirements Regulation (CRR).
The Implementing Regulation is based on the draft ITS submitted by the European Banking Authority in March 2014, and relates to Article 416(5) of the CRR.
The Implementing Regulation will enter into force on 6 March 2015.
