DECISION (EU) 2025/1734 OF THE EUROPEAN CENTRAL BANK
of 31 July 2025
on safeguards in relation to access by central counterparties to Eurosystem overnight credit in TARGET (ECB/2025/29)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 127(2), the first and fourth indents, and Article 127(5) thereof,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 3.1 and Articles 17, 18 and 22 thereof,
Whereas:
HAS ADOPTED THIS DECISION: