This report presents the climate-related financial disclosures for the Eurosystem's assets held for monetary policy purposes and for the ECB's foreign reserves. The primary objective of the ECB is to maintain price stability in the euro area, targeting an inflation rate of 2% over the medium...

In accordance with Article 3 of the Statute of the European System of Central Banks and of the European Central Bank, one of the tasks entrusted to the European System of Central Banks (ESCB) and the European Central Bank (ECB) is the holding and management of the official foreign reserves of...

This paper reconstructs the forgotten history of mutual assistance among Reserve Banks in the early years of the Federal Reserve System. We use data on accommodation operations by the 12 Reserve Banks between 1913 and 1960 which enabled them to mutualise their gold reserves in emergency...

In accordance with article 3 of the statute of the European System of Central Banks and of the European Central Bank, one of the tasks entrusted to the European System of Central Banks (ESCB) and the European Central Bank (ECB) is the holding and management of the official foreign reserves of...

The management report is an integral part of the ECB's Annual Accounts and is designed to provide readers with contextual information related to the financial statements. Given that the ECB's activities and operations are undertaken in support of its policy objectives, its financial position and...

The ECB is part of the Eurosystem, the primary objective of which is to maintain price stability. The ECB's main tasks, as described in the Statute of the ESCB, comprise the implementation of the monetary policy of the European Union, the conduct of foreign exchange operations, the management of...

The purpose of this framework is to describe the role of the Eurosystem in the field of oversight. It updates and replaces the earlier Eurosystem oversight policy framework of July 2011 in view of significant regulatory and institutional changes and market developments that have affected the...

This management report is an integral part of the ECB's annual financial reporting. It provides readers with contextual information on the business of the ECB, its operational framework and the impact of the ECB's operations on its financial statements. This report provides information on the...

The purpose of this brochure is to explain to the Eurosystem's counterparties and other market participants involved in CCBM procedures how the CCBM works, and to give a general overview of the model's main features. For further information, counterparties should contact the national central...

The ECB Forum on Central Banking is an annual event organised by the European Central Bank which has been held in the beautiful surroundings of Sintra, Portugal, since 2014. It provides a unique opportunity for central bank governors, academics, high-level financial market representatives,...