A new consolidated version of Guideline 2014/528/EU of the European Central Bank as regards temporary measures that the ECB may apply in the event that European banks need more funds to provide credit to the financial market was published in the Official Journal (OJ) of the EU. The consolidated version includes the most recent modifications made by Guideline (EU) 2023/833 of the European Central Bank which modified Guideline 2014/528/EU to revise the current haircut methodology and categories for securities used as collateral by financial institutions on central bank loans to provide for a more granular haircut system for marketable securities, including ABS, to better reflect the risks associated with these instruments (please see EventID#20653 for details).