ECB/2022/11 · GlobalLawDB

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THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 122(2) and 132(1) thereof,Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Articles 17 and 21 and Article 34.1 thereof,Having regard to Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism^note, and in particular Article 8 thereof,Whereas:

(1)Deposits held with the European Central Bank (ECB) as provided for in Decision 2010/624/EU of the European Central Bank (ECB/2010/17)^note should be remunerated in accordance with the provisions of Article 2(1) of Decision (EU) 2019/1743 of the European Central Bank (ECB/2019/31)^note in order to ensure consistency in the remuneration of comparable deposits across the Eurosystem.

(2)Therefore, Decision 2010/624/EU (ECB/2010/17) should be amended accordingly,

HAS ADOPTED THIS DECISION:

Decision (EU) 2022/485 (ECB/2022/11)

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