ECB announces key decisions on corporate bonds and digital euro in November 2024

The European Central Bank (ECB) has made several key decisions in November 2024, including amendments to rules for corporate bonds and changes to the Eurosystem collateral framework. These updates aim to enhance risk management and ensure effective policy implementation. The Governing Council also approved a response to the European Commission on macroprudential policies for non-bank financial intermediation, supporting a regulatory approach. Additionally, the Financial Stability Review was published, highlighting vulnerabilities in the euro area. The ECB is progressing on the digital euro project and has rescheduled the launch of the Eurosystem Collateral Management System to June 2025. Other decisions include extending the mandate of an Ethics Committee member and updating a memorandum on statistical cooperation.