# Decision (EU) 2019/2215 of the European Central Bank of 28 November 2019 amending Decision (EU) 2016/2247 on the annual accounts of the European Central Bank (ECB/2019/35), Article 1: Amendments

Extent: E+W+S+N.I.

Decision (EU) 2016/2247 (ECB/2016/35) is amended as follows:
1.. Article 8 is replaced by the following:
‘Provision for financial risks
Article 8 Taking into due consideration the nature of the ECB’s activities, the Governing Council may establish a provision for financial risks in the balance sheet of the ECB. The Governing Council shall decide on the size and use of the provision on the basis of a reasoned estimate of the ECB’s risk exposure.’;
2.. Article 11 is replaced by the following:
‘Marketable equity shares
Article 11 Marketable equity shares shall be accounted for in accordance with Article 11 of Guideline (EU) 2016/2249 (ECB/2016/34).’;
3.. The following Article 11a is inserted:
‘Marketable investment funds
Article 11a Marketable investment funds shall be accounted for in accordance with Article 11a of Guideline (EU) 2016/2249 (ECB/2016/34).’;
4.. Annex I is replaced by Annex I to this Decision.;
5.. Annex III is replaced by Annex II to this Decision.

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Source: https://www.legislation.gov.uk/eudn/2019/35/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2019-35/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.