level at which the Eurosystem considers financial assets to be eligible collateral for its monetary policy operations. The … assessment of eligible collateral underlying Eurosystem monetary policy operations. Contrary to the widely used confidence …

Belgian reform could serve as an example to Germany. This article starts by comparing the evolutions both legal systems have …-possessory security interests for fear that this would annihilate transparency, Germany allowed for a broad system of non … extension of the collateral base. These legal evolutions have set the stage for reform in Belgium, a reform that is based on the …