ECB to tighten collateral rules as number of accepted rating agencies grows

The European Central Bank plans to take a more stringent approach in accepting some collateral in its lending operations as the number of accepted credit rating agencies increases, it said on Friday. The ECB will start to use the second-best credit rating when assessing collateral eligibility on...

https://www.hellenicshippingnews.com/ecb-to-tighten-collateral-rules-as-number-of-accepted-rating-agencies-grows/