The Bank of Finland rules for counterparties and customers section ‘Monetary policy/ Regulations concerning the minimum reserve system’ has been updated with an amendment to the regulation concerning minimum reserves.
Section 1.3.2 ECB Regulation (ECB/2011/26) on application of minimum reserves
ECB has amended the Regulation on the application of minimum reserves (ECB/2003/9).
According to the new regulation, a reserve ratio of 1% shall apply to liabilities included in the reserve base (excl. 0% reserve ratios) as from the reserve maintenance period starting on 18 January 2012.