European Commission 12 July 2016, REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the use and benefits of longer-term refinancing operations and similar funding support measures provided by ESCB central banks to credit institutions

EUROPEAN COMMISSION Brussels, 12.7.2016 COM(2016) 455 final REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the use and benefits of longer-term refinancing operations and similar funding support measures provided by ESCB central banks to credit institutions Introduction In accordance with Article 161(9) of Directive 2013/36/EU (“CRD”) and after consulting the ECB, the