Recital 1

(1)Commission Delegated Regulation (EU) 2022/2311 ² has amended Commission Delegated Regulation (EU) No 153/2013 ³ as regards temporary emergency measures on collateral requirements. Delegated Regulation (EU) 2022/2311 has temporarily expanded the pool of eligible collateral available to non-financial clearing members active on gas and derivatives regulated markets. That expansion has included into that pool uncollateralised bank guarantees until 29 November 2023. That Delegated Regulation has also allowed the use of guarantees issued or backed by public entities as eligible collateral for financial and non-financial counterparties by the CCP until 29 November 2023.