(5)In view of the COVID-19 pandemic, the European Central Bank (ECB) determined on 16 September 2020 that exceptional circumstances exist that warrant the exclusion of the central bank exposures listed in points (a) and (b) of Article 500b(1) of Regulation (EU) No 575/2013 from the total exposure measure in order to facilitate the implementation of monetary policies 5 . The exclusion of those exposures applies until 27 June 2021.
Recital 5
- 5 Decision (EU) 2020/1306 of the European Central Bank of 16 September 2020 on the temporary exclusion of certain exposures to central banks from the total exposure measure in view of the COVID-19 pandemic (ECB/2020/44) ( OJ L 305, 21.9.2020, p. 30 ). ↩