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Document 11992M/PRO/SEBC/23

    Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter IV: Monetary functions and operations of the ESCB - Article 23: External operations

    Legal status of the document In force

    ELI: http://data.europa.eu/eli/treaty/teu/pro_3/art_23/sign

    11992M/PRO/SEBC/23

    Treaty on European Union - Protocol on the statute of the european system of central banks and of the European Central Bank - Chapter IV: Monetary functions and operations of the ESCB - Article 23: External operations

    Official Journal C 191 , 29/07/1992 P. 0073


    Article 23

    External operations

    The ECB and national central banks may:

    - establish relations with central banks and financial institutions in other countries and, where appropriate, with international organizations;

    - acquire and sell spot and forward all types of foreign exchange assets and precious metals; the term 'foreign exchange asset' shall include securities and all other assets in the currency of any country or units of account and in whatever form held;

    - hold and manage the assets referred to in this Article;

    - conduct all types of banking transactions in relations with third countries and international organizations, including borrowing and lending operations.

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