On October 18, 2014, the European Central Bank’s (“ECB”) Decision on the implementation of separation between the monetary policy and supervision functions of the ECB was published in the Official Journal of the European Union.The Decision entered into force on October 18, 2014 and sets out the arrangements related to the separation of the ECB’s monetary policy from its supervisory functions.

The Decision is available at:

http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:JOL_2014_300_R_0012.