Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)

17 May 2013

The ECB published its decisions linked to market operations, financial stability and supervision, advice on legislation, statistics, corporate governance and issuance of banknotes and coins/banknotes (in addition to decisions setting interest rates).

Market Operations

• Eligibility of debt instruments issued or guaranteed by the Cypriot government
• Details of refinancing operations from 10 July 2013 to 8 July 2014
• ECB Guideline on the provision of reserve management services

Financial stability and supervision

On 15 May 2013, the Governing Council authorised the publication of the “Financial Stability Review – May 2013”, which reviews the main sources of risk and vulnerabilities in terms of financial stability within the euro area financial system and provides a comprehensive analysis of the capacity of the euro area financial system to absorb adverse disturbances. It is due to be published on the ECB’s website by the end of May 2013.

Advice on legislation

• ECB Opinion on protection from risks and separation of banking businesses in Germany
• ECB Opinion on a consumer credit register in France
• ECB Opinion on macro-prudential policy in Malta
• ECB Opinion on strengthening Banca Naţională a României’s institutional role and independence

Statistics

On 25 April 2013, the Governing Council approved the recommendations set out in the report on the measures adopted to safeguard the confidentiality of the statistical information referred to in Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank (as amended by Council Regulation (EC) 951/2009). A summary of the report is available on the ECB’s website.

On 15 May 2013, the Governing Council approved the annual assessment of the availability and quality of the various kinds of statistics that are compiled by the Eurosystem on the basis of an ECB legal act. It also authorised the publication of the 2012 quality report on monetary and financial statistics. The report, produced in accordance with the ECB’s Statistics Quality Framework, will be published shortly on the ECB’s website.

Corporate governance

• ECB Recommendation to the Council of the European Union on the external auditors of the ECB
• Schedules for the meetings of the Governing Council and the General Council of the ECB in 2014 and 2015
• ECB Recommendation to the Council of the European Union on the external auditors of Suomen Pankki

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